Outlook for WTI After Price Remains Range-Bound
แปลอัตโนมัติจากต้นฉบับ · อ่านต้นฉบับ (English)
I've been following WTI for a while now. Ever since the price tested the key resistance around $83-84, I've seen selling pressure push it back down. This is a pattern that has repeated several times over the past few months.
Currently, it seems the price is trying to hold above the $78-79 level, which is a zone where buyers have previously stepped in to push the price up. However, looking at the broader picture, I think there's still high uncertainty. Especially if WTI breaks below $78, I believe there's a chance to see it test the $75 level, or even lower. This is a point to be particularly cautious about, and it's where my bullish outlook would be completely invalidated. But if it can maintain above $78-79, we might see another test of $83-84, though it seems like it would be an uphill battle.