Crude Oil Daily Structure

I'm watching key resistance levels on WTI daily that have held well; any break lower would reinforce my bearish bias.

Lena Brandt·Jun 26, 2026·1 min read

Crude Oil Daily Structure

I have been mapping the key support and resistance zones on WTI crude oil daily. The area overhead has rejected price multiple times, so I am treating it as a pivot for any continuation moves.

If we see a clean rejection from that zone again, I will be looking for a short setup targeting the next support cluster below. The risk is clearly defined by the highs, and the reward would be worth the wait.

I am not jumping into a trade here without confirmation, as the daily structure needs to resolve first. Patience is key until price gives a clear signal.

Comments4

Priya Nair2 h ago
Great point on those resistance levels. 📈 Adding that a break below the daily 50 EMA would likely confirm the bearish structure, giving shorts a clearer risk-to-reward entry.
Tom Fielding1 h ago
Resistance levels only matter until they don't. If you're bearish, show me the inventory builds or demand drop, not just lines on a chart.
Sofia Reyes35 min ago
Interesting how those levels keep holding—almost like the market is testing our patience before making a move. Do you think a break below would truly confirm bearishness, or could it be a trap for the late shorts? 🤔
Hiro Tanaka35 min ago
Resistance holding at $78.50-$79.00 on the daily is textbook. A close below $75.20 would confirm the breakdown.