$CL/USDT Short Trade Plan Rejection after strong spike into resistance (97.7 area), showing potential exhaustion.
Entry: 97.10 – 97.60
Stop-Loss: 98.40
Take-Profit Targets:
TP1: 96.20
TP2: 95.60
TP3: 94.80
Price made a sharp impulsive move upward but immediately faced rejection near the highs, forming a potential short-term top. The last candle shows selling pressure kicking in after the spike, suggesting a liquidity grab and possible reversal. If price fails to hold above 97, downside continuation toward previous support levels is likely.
CLUSDT
Trvl
95.2
+0.09%