By Mohammed Isah of fxtechstrategy.comCrude oil futures remain vulnerable to the downside having reversed most of their Friday gains after staging a failed attempt on the upside on Monday. Click here for a chart of crude oil. This has left risk towards its Feb. 3 high at $78.01 a barrel where a halt is expected. But if it snaps we could see further price declines towards its long-term rising trendline at $76.83. While crude Oil holds and trades above the mentioned key supports, we expect the commodity to stage another attempt on the $80.75 level. Further down, supports are located at the $73.08 level, its Feb. 12 low, and then its year-to-date low at $69.69. Its daily RSI is bearish and pointing lower supporting this view. On the upside, a break of the $80.85 level is required to create scope for further upside gains towards the $83.93 level with a break triggering the resumption of its medium-term uptrend now on hold towards the $85 level and then its psycho level seen at $90. On the whole, though vulnerable, crude oil looks to recapture the $80.75 level while it holds above the $78.01/$76.83 levels.