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WTI Crude Oil has just delivered a powerful signal: the structural forces of supply and demand have finally overwhelmed the noise of geopolitics. After weeks of fierce defense, the psychological and technical floor at $60.00 per barrel has been decisively breached, leading WTI to its fourth consecutive monthly loss—a losing streak not seen since 2023. The message is clear: the global supply glut is real , and the market is now pricing in an environment of extended weakness. The question facing every trader and investor is no longer if WTI will test lower levels, but when the selling accelerates toward the critical $55.00 structural base. 📉 Technical Collapse: The Power of $60 as a Ceiling The technical charts have transitioned from a state of cautious bearishness to outright confirmation of a downtrend. The breakdown below $60.00 was not a small correction; it was a break in market structure , a pivot point that fundamentally alters the intermediate-term outlook. The Price Action ...