Group 1 - Crude oil has been trading in a tight range, with a lower swing high at $59.00 indicating a downtrend structure, while the 50-day average at $58.91 has acted as dynamic resistance [1] - The current low of $55.00 represents a key long-term support zone, but recent bearish candles suggest sellers are dominating price action within the range [2] - The weekly closing price relative to the trading range may provide clues for future price movements, with a close in the top third indicating bullishness and a close in the bottom third indicating bearishness [3] Group 2 - Today's bearish performance has established a lower swing high, raising the risk of support failure at Monday's low of $56.38, which could lead to a deeper pullback [4] - A decisive rally above the $59.00 level would indicate a potential trend change and bullish reversal, but confirmation of demand is necessary for a successful breakout [5]