WTI Price Stalls Near $87.50 as Bears Eye 100-Day SMA Breakdown
West Texas Intermediate (WTI) crude oil futures are trading in a tight range below the $87.50 resistance level on Thursday, as sellers consolidate their grip ahead of a potential breakdown of the 100-day simple moving average (SMA). The price action reflects growing uncertainty over demand outlook and technical vulnerability, with traders closely watching whether the current support zone can hold.