BRENT: Identifying a Potential Short Opportunity Against Current Momentum

Technical Rejection at Key Resistance

Currently, BRENT is trading at 78.5646, showing a 0.98% gain over the last 24 hours and maintaining a short-term bullish trend. The day's range has seen prices fluctuate between 77.4177 and 79.7115. While the immediate momentum is upward, I am observing a strong resistance zone forming around 79.00 to 79.7115. My entry at 78.93 is strategically positioned to capture a potential rejection from this upper boundary, particularly if we see a test of the 79