WTI Crude Oil (USOIL) — Market Outlook

Crude oil continues to show strong bullish momentum, trading around $103 amid ongoing geopolitical tensions and supply risks.

Despite short-term pullbacks, the overall structure remains bullish.

📈 Market Structure

• Trend → Bullish

• Momentum → Strong

• Strategy → Buy on dips

👉 Bias: Bullish

🔴 Resistance Levels

104.70 → Immediate resistance

106.00 → Major breakout level

🟢 Support Levels

100.50 → Immediate support

98.00 → Strong support

📌 Conclusion

Crude oil remains supported by geopolitical factors, making pullbacks potential buying opportunities while price holds above $100.50.

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