WTI: Watching the $78.50 level closely

Been following WTI this week, and the $78.50 level has really stood out. We've seen it act as pretty solid resistance on a few attempts, with price pulling back each time. It feels like a key point where sellers are stepping in fairly consistently.

My view is that a sustained break above $78.50, especially on decent volume, would likely open the door to testing $80, possibly even $81. However, as long as we're failing to hold above it, the bias remains weighted towards the downside, with $76.00 and then $74.50 as potential targets. A clean rejection and close below $77.00 would certainly strengthen that bearish case for me, invalidating the idea of an immediate upward push through $78.50.