US Crude Oil SPOT
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Bullish Setup Forms as Institutions Accumulate Crude

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Crude Oil is consolidating above support at $65.18, with momentum indicators turning bullish. The Stochastic is rising from 27, and RSI is approaching the 50.0 mark. Institutional buying reported in the latest COT data reinforces the bullish bias.

A move above $67.55 could open the door to $69.45, while the bullish outlook stays intact as long as the price remains above $61.80.

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