Crude Oil price forecast: Break $85? – Today’s Key Levels and Signals”

 Crude oil trades near $65 with a key order block and trendline support. Watch for a daily breakout before entering a sell position. Full analysis inside.

Hello traders and investors,

In today’s technical analysis, we’re focusing on Crude Oil price (WTI), and the insights are based on the daily timeframe. Whether you're a swing trader or a position holder, this setup could provide a meaningful edge in your market decisions.

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🕵️‍♂️ Current crude oil Market Overview

Crude oil is currently trading at $65

A visible order block is formed at the $65 zone

The price is also respecting an upward trendline on the daily chart

This zone is proving to be a critical decision area where buyers and sellers are battling for control.

🔻 Bearish Setup in Progress?

Traders should keep an eye on the trendline support drawn from previous swing lows. As long as the crude oil price respects this trendline, the uptrend remains valid. However:

> ⚠️ If a daily candlestick closes below the trendline, it could be an early sign of bearish momentum.

This could lead to a potential short opportunity, especially if the breakdown is supported by volume or bearish candlestick confirmation.

And if the trend line and order block break out, the price of crude oil can go up to 55.

✅ Trading Plan (What to Wait For)

1. Wait for the trendline to break on the daily timeframe

2. Observe if the price closes below the order block (around $65)

3. Confirm with price action (e.g., bearish engulfing, break-retest)

4. Only then consider taking a sell trade

> 💡 Patience is key. Let the market form a clean setup — don't rush in before confirmation.

Crude oil is approaching a key technical zone. If you're planning to short, be sure to trade with discipline and risk management. This kind of setup often offers good risk-to-reward — but only after confirmation.