USOIL/ Looks Bearish

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The price fluctuates between 70.06 and 77.02, exhibiting a bearish trend. Therefore, we should wait for the price to break below 77.02 to confirm the downward movement, particularly if a 4-hour candle closes below this level, which would likely result in a sharp decline towards 75.47. However, if the price reverses for any reason and stabilizes above 79.06, it may rise to 80.59.

Tendency Keys: 77.02

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