Crude oil price continued its cautious upward movement during recent intraday trading, reaching the resistance of EMA50. This comes as the relative strength indicators enter heavily overbought territory, exaggerated compared to price action, suggesting the formation of a potential bearish divergence. Additionally, early signs of a negative crossover are appearing, which could expose the price to increased downside pressure and signal a possible bearish reversal. This scenario is further supported by the dominance of a short-term corrective downward wave, along with the earlier break of an upward trendline.