WTI: Looking at the $77 area again

Been watching WTI for a bit now, and that $77 level just keeps acting as a magnetic pivot. We saw it hold as resistance earlier this week, and it's where we're finding ourselves now after that slight push yesterday. To me, a clear break and sustained close above $77.20 – maybe on a daily chart – would invalidate the immediate bearish bias I'm holding for a move back towards the lower $70s. Without that, I'm still leaning towards selling into strength around this zone.

Conversely, a failure to hold $76.50 on an hourly basis could accelerate a move lower, targeting the $75 handle pretty quickly. The broader picture still feels a bit range-bound, but these short-term swings around key levels offer some decent risk-reward if you're patient.