🚨
$CL Bearish Breakdown Loading 📉🔥
📊 Trade Plan — SHORT
🔴 Entry Zone: $74.10 – $74.50
🛑 Stop Loss: $75.20
🎯 Take Profit Targets:
• TP1: $73.20
• TP2: $72.00
• TP3: $70.80
📉 Technical Outlook
• ⚠️ Price is facing strong rejection near the resistance zone.
• 📊 Bearish momentum is building as sellers defend higher levels.
• 💧 Recent long liquidations suggest weakening bullish conviction.
• 📉 Lower highs and increasing selling pressure favor downside continuation.
• 🔥 A break below support could trigger further liquidations and accelerate the move toward lower targets.
⚠️ Risk Management
• Use a strict stop loss at $75.20.
• Consider securing partial profits at each target.
• Move your stop loss to breakeven after TP1 if momentum remains bearish.
Not financial advice. Always manage your risk.
$POWER #cl #cL