# USOIL Price Forecast: Bearish Breakdown Below Horizontal Demand Zone

CFDs on Crude Oil (WTI) has experienced a strong sharp sell-off, breaking out of its ascending channel and falling cleanly below the 79.80–84.00 support/resistance zone. As long as price trades below the 79.80–84.00 area, the short-term market bias remains strongly bearish.

📉 Bearish Scenario
Continued downward momentum below resistance may push USOIL toward:
🎯 Target 1: 67.680

📈 Bullish Invalidation
A strong 3H candle close back above the 79.80–84.00 zone would invalidate the immediate bearish outlook and signal a potential recovery.

Key Levels
Resistance Zone: 79.794–84.000
Current Price: 76.083
Support 1: 67.680
Bearish Invalidation: 3H Close Above 79.794