WTI Oil Breaks Above a Descending Trendline: Is the Move SustainWTI Crude (OIL) / US DollarEASYMARKETS:OILUSDAbdullahi_AbberWTI crude oil is showing a notable change in price action after spending several weeks below a descending trendline. On my chart, price has pushed above that trendline and moved to around $99.01, while the SMA is near $96.79. This is an encouraging bullish signal, but I’m not treating one strong candle as confirmation of a lasting trend reversal. What I’m watching next Bullish scenario: If price holds above the broken trendline and the $96.80 area, then continues making higher highs and higher lows, buyers may have an opportunity to extend the recovery. Retest scenario: Price could return to test the breakout area. A successful retest followed by renewed buying would strengthen the bullish case. Invalidation risk: If price falls back below the trendline and loses the nearby support area, the breakout could fail, leaving oil vulnerable to another pullback. The marked support zone around $86.50–$87.20 remains an important lower reference if selling pressure returns.