CRUDEOIL – 1H | STRUCTURE SHIFTING BEARISH

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CRUDEOIL – 1H | STRUCTURE SHIFTING BEARISHCrude Oil FuturesMCX:CRUDEOIL1!Shalvisharma5TimeFrame: 1 hour Crude Oil has formed a rounded top near 6115 resistance and broken below the 5950–5980 support zone. Price is now trading below short-term EMAs, indicating structure turning bearish. Key Observations: • Breakdown below 5950 support • Lower high formation near 6115 zone • Price below EMA cluster Bearish Scenario: Sustained move below 5850 can extend downside toward 5700–5550 support zone. Target : 5800 / 5700 / 5550 SL : 5980 Momentum shifting to sellers. Watch for pullback entries toward resistance. HIT ON LIKE BUTTON IF YOU FIND THIS SETUP HELPFULL