CLUSDT — 1H Analysis 📊
Price is currently trading around 94.20, sitting between a clear support and resistance range.
The main resistance is around 96.20–96.50, where we have a supply zone combined with the descending trendline. Price has already reacted strongly from this area, so I’ll be watching this zone closely.
$CL My main scenario is for price to push higher toward 96.20–96.50, take liquidity around the resistance, and then show a bearish rejection.
If we get a clear rejection from this zone, the downside levels I’ll be watching are:
94.00 — first reaction area
92.00–92.20 — major demand/support
91.00 — deeper downside target if 92 breaks
The bullish scenario would only become stronger if price breaks and holds above 96.50, especially with a clean 1H close above the descending trendline.
Plan:
Push into resistance → liquidity grab/rejection → bearish continuation → 92.00 → 91.00
Invalidation: Clean breakout and acceptance above 96.50.
Not financial advice. KaPs.
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