#Crudeoil Update Mar 5 | Intraday MCX

🔸Timeframe: 1 hour
🔸Bearish below 6485, bullish above 6515
🔸Anticipating a bounce from 6413 support; sustained bearish momentum may lead to further downside levels.

🔸WTI crude drops to 78.5/barrel for a second day.
🔸Demand concerns outweigh OPEC+ supply cuts' impact.
🔸China's 5% economic growth target and voluntary cuts influence market sentime