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$CL Short Setup | Rejection Holding, Bears Stay in Control 📉
Crude Oil failed to gain acceptance above the recent resistance zone, with sellers stepping in again around 68.67000–68.81000. The rejection remains valid, and as long as this area caps price, the downside path stays favored.
Trade Setup
Position: Short
Entry: 68.67000 – 68.81000
TP1: 68.24000
TP2: 67.90000
TP3: 67.40000
Stop Loss: 69.41000
Why I'm Watching This
Price continues respecting the same rejection zone, keeping bearish pressure alive.
Higher-timeframe structure still favors sellers despite the broader range.
Short-term momentum remains balanced, leaving room for another leg lower.
Selling activity has increased enough to support the current move rather than suggesting a weak pullback.
Manage your risk carefully—100x leverage leaves very little room for error. Wait for confirmation and never risk more than you can afford to lose.
#GTBurns2.57MInQ2