WTI Crude Oil ->Trendline Rejection Keeps Bears in ControlWTI CRUDE OILTVC:USOILmelikatrader94Hi! WTI rallied into the long-term descending trendline and was rejected once again, confirming it as a key resistance level. The bearish rejection created a gap lower, reinforcing the view that sellers remain in control. Price is currently trading below the 100-day SMA, adding to the bearish technical outlook. While a short-term rebound could fill the gap, the overall structure remains negative unless WTI breaks and closes above the trendline. 🎯 Key level to watch: The highlighted $71.00–76.00 support zone remains the primary downside target. If the current support fails to hold, price is likely to extend its decline toward this demand area. As long as WTI remains below the descending trendline and the 100-day SMA, rallies are likely to face selling pressure, keeping the downside scenario favored.