USOIL/ Bullish Targets and Bearish Pitfalls

Generally, the direction is uptrend

Uptrend: The market shows strong bullish momentum above $77.02, now a key support. A retest of this level is expected; if it holds, the price may rally toward the resistance zone at $78.69–$82.24, confirming the uptrend.

Downtrend: Failure to hold $77.02 during the retest could signal bearish sentiment, with a drop to $73.59–$71.57. A sustained break below $73.59 may push the price lower, targeting $71.57 or $70.51.

Tendency Keys: 77.02
Chart PatternsHarmonic PatternsTrend Analysis

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