WTI crude oil (CONC) 1-hour market analysis
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Currently, the WTI crude oil 1-hour chart shows a continuous downward trend, with prices gradually retreating from recent highs. The current resistance level is at 92.50, with strong resistance at the intraday high of 93.90. The support level is at the intraday low of 90.32, with further support at the key level of 90.0. In the short term, prices are expected to fluctuate at low levels. If 90.32 is breached, there will be further downside potential, while any rebound facing pressure at 92.50 would still leave room for further decline.
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