Crude Oil Breakdown: 8400 Will Decide the Next Move

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Crude Oil Breakdown: 8400 Will Decide the Next MoveCrude Oil FuturesMCX:CRUDEOIL1!Shalvisharma5CRUDE OIL – 4H UPDATE Price didn’t just fall, it broke structure. This is not panic, this is position unwinding after an extended rally. 8400 is the key level. Above 8400 → possible bounce Below 8400 → downside opens up These are liquidity areas — price moves fast here. Plan • Bounce into 8800–9000 - sell • No aggressive buying • Below 8400 - continuation Next zones 8320 8200 Reality - Most will try to catch the bottom, That’s where they lose. This is not bullish - it’s shifting into a downtrend. Trade what is happening.