(USOIL) Bearish Trend with Rebound WTI CRUDE OILTVC:USOILBIGBULL-RUNThis 1-hour WTI Crude Oil (USOIL) chart shows a predominantly bearish market structure. Price initially moved within a descending channel (highlighted in green), indicating sustained selling pressure before breaking upward into a temporary bullish rally. The market then reached a major resistance zone around $96.00–$97.00 (highlighted in red), where sellers regained control and pushed prices lower. The orange rectangle marks a consolidation/distribution area, after which the price broke down and continued its downtrend, forming lower highs and lower lows. Currently, USOIL is trading near a significant support zone around $83.00–$84.00 (pink demand area), where buying interest may emerge. Based on the projected arrow on the chart, the anticipated recovery target is approximately $88.77, suggesting a potential bullish retracement of about 4–5 dollars from the current support level. Traders would likely monitor the support zone for confirmation of a reversal before expecting a move toward the target.