🔥WTI crude oil is attempting to recover after a sharp decline, with price bouncing from a major demand area. While the short-term momentum has improved, the market is still trading below important resistance zones that could determine the next directional move.

🏆Previously:

📈 Bullish scenario

If buyers maintain control and break above the nearest resistance zone, the recovery could accelerate toward higher supply areas. A successful breakout would confirm stronger bullish momentum and open the path for a larger upside move.

📉 Bearish scenario

If the recovery loses strength and sellers regain control, price could revisit the lower demand zones. A breakdown below those supports would increase the probability of another bearish leg.

The recent rebound shows buyers are stepping back into the market, but the next resistance zone remains the key obstacle. A decisive move beyond it would significantly improve the bullish outlook.