USOIL remains under bearish pressure after rejecting a long-term descending trendline, reinforcing the overall downtrend. Price has failed to sustain above multiple Fair Value Gap (FVG) zones, indicating that sellers continue to control the market.

The recent rejection near trendline resistance and the Ichimoku cloud suggests a potential continuation lower. As long as price remains below the descending trendline and key resistance area, the bearish outlook stays intact.

🎯 Target: 73.81

Key Levels:

Resistance: 77.30–77.80 (trendline & cloud resistance)
Target: 73.81
Bias: Bearish below the descending trendline