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USOIL Bearish Momentum - Will It Reach 64.40?

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USOIL has broken below a key support zone, which has now flipped to resistance, aligning with a potential bearish continuation. The recent retest of this level held successfully, indicating strong seller interest and reinforcing the bearish outlook.

With momentum favoring the downside, the next logical target is 64.40, aligning with the prevailing bearish trend. As long as the price remains below the resistance zone, the bearish bias stays intact.

If you have anything to add or a different perspective, I’d love to hear from you in the comments!
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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.