The daily timeframe for WTI crude shows a weak technical posture, with price consolidating around 65.83 while remaining capped below the 200-day SMA at 67.54 and the 50-day SMA at 65.49. The 14-day SMA is flat, reflecting the lack of directional conviction. The alignment of moving averages—with both the 50-day and 14-day clustered below the 200-day—signals medium-term bearish pressure, while the failure to hold above the 200-day reinforces overhead resistance. The Stochastic Momentum Index is at -18.13%, indicating weak momentum and lingering bearish undertones, though it is not yet oversold enough to suggest an imminent rebound. No clear bullish divergence has emerged, as momentum continues to confirm sluggish price action. Immediate resistance is set at 67.54, coinciding with the 200-day SMA, followed by a secondary barrier at 70.00. Support is established first at 65.30 and then at 63.00, where price has previously consolidated. The longer-term bias remains neutral to bearish, and traders should exercise caution with long exposure, keeping stop losses tight below 63.00 to guard against renewed downside momentum.

The 4-hour chart reflects a more balanced but indecisive picture, with the price trading at 65.85, sandwiched between the 50-period SMA (63.22) and the 200-period SMA (64.33). The 14-period SMA has recently flattened, showing that immediate selling pressure has stabilised but without enough strength to trigger a decisive breakout. The Stochastic Momentum Index is at 14.20%, turning up from oversold territory, which suggests that short-term downside momentum is easing and a rebound attempt could develop. However, price has yet to reclaim the 200-period SMA at 64.33 decisively, and the overall downward-sloping profile of the longer SMA continues to cap rallies. Immediate resistance lies at 66.00, with further upside potential toward 67.00 if momentum strengthens. On the downside, key support rests at 63.22 (50-period SMA), followed by 62.00 as a psychological floor. The short-term outlook is neutral, with potential for a corrective bounce, but sustained bullish confirmation requires a close above 67.00. Stops for tactical long positions should be set just below 63.20 to minimise risk.

The 4-hour chart confirms the weak technical setup, with price failing to establish traction above the 14-period SMA (blue) and the 50-period SMA (pink, 63.36), both of which are turning lower and converging. The 200-period SMA (green, 64.54) is trending down, reinforcing the dominance of sellers across timeframes. Price is consolidating just under these averages, indicating that the market lacks buying conviction. The Stochastic Momentum Index (–16.12%) remains in negative territory, reflecting weak momentum, with no divergence to suggest a near-term reversal. Immediate resistance is seen at 63.40–64.50 (cluster of short- and medium-term SMAs), and a push above this zone would be required to neutralise the short-term bearish bias. Support rests at 62.00, with a further downside target at 61.00 if selling pressure extends. With the short-term outlook bearish, traders may favour the downside while keeping stops above 64.50 to guard against a corrective squeeze higher.

The 4-hour chart presents a bearish short-term outlook for WTI crude oil. The price has recently failed to hold above the 50-period SMA (pink line) and is now testing the lower support around 63.79. The 200-period SMA (green line) is trending lower, reinforcing the bearish sentiment. The Stochastic Momentum Indicator (SMI) is in oversold territory at -65.38%, signaling a continuation of the downward momentum. The price action is moving within a descending channel, with resistance around 64.80, followed by 65.00. Immediate support is at 63.50, with a downside target at 62.50 if the price breaks below the current support level. The Stochastic Momentum Indicator suggests that the market could see further downside if the selling pressure continues, although caution is needed as the SMI is close to oversold conditions. Traders should consider a stop loss above 65.00 to protect against a potential short-term reversal.