Wti stock price forecast market technicians note that a breakout

Market technicians note that a breakout above $78.50 could trigger stop orders, adding upward velocity in crude futures contracts. Exclusive news, data and analytics for financial market professionals The inability to hold above $67.58 suggests fading bullish momentum, with price retreating back into the channel. A clean close below $66.85 would reinforce bearish control and open the door to test the $65.61 level next. WTI stock price forecast is currently leaning bullish, with crude holding near $77.50 per barrel. Analysts cite stronger-than-expected U.S. inventory drawdowns and resilient demand in Asia as key drivers. Short-term resistance sits around $79, while support remains near $75 on technical charts.