USOIL Market Update | 1H Technical OutlookWTI CRUDE OILTVC:USOILGrowingPath🛢️USOIL has shown a strong rally in recent sessions and successfully sustained above the psychological 100$ level. However, short-term momentum is now starting to weaken. A clear rising wedge structure had formed on the chart, which has now broken to the downside. Normally, a rising wedge is considered a bearish pattern that signals momentum exhaustion on the upside. ✔️ Rising wedge downside breakout ✔️ RSI bearish divergence confirmed ✔️ Momentum weakening near resistance ✔️ 104$–105$ remains the major resistance zone 👉 Important Observation: Both price action and RSI are signaling that bullish momentum is gradually fading. If USOIL sustains below the 100$ level, selling pressure may increase, and a deeper pullback could develop. 📊 Key Levels to Watch 🔴 Resistance: 104$ major resistance zone 🟢 Supports: 100$ psychological support 96$ major structure support 🎯 Technical Outlook 📌 Short-term momentum is weakening 📌 Holding above 100$ may lead to consolidation 📌 Breakdown below 100$ could trigger further downside 📌 Full bearish confirmation comes below the 96$ structure support ➡️ Overall, the oil chart is showing early bearish signs, but major bearish trend confirmation will only come after a decisive breakdown of key support levels. Just for information purposes only.