Hello everybody. Here is🛢️ Crude Oil Technical Analysis — 9 March 2026
Market: WTI Crude Oil
Current price zone: ~$110–$120
Trend: Strong bullish breakout
Oil prices exploded higher and moved above $100 for the first time since 2022, with WTI even approaching $120 after a sharp rally caused by supply disruptions and geopolitical tensions.
On March 9, crude oil traded around $114 per barrel, rising more than 26% in a single day.
📊 Key Technical Levels:
🟢 Support
$100 – Psychological breakout level
$95–96 – Previous resistance → now support
$90 – Major support / trend invalidation level
🔴 Resistance
$120 – Immediate resistance
$130 – Extension target (if momentum continues)
$145 – Long-term crisis spike scenario
I hope the war stops as soon as possible; it’s a bad choice for everyone. Peace is always beautiful.
#oil #OilPrice #OilMarket #WTIUSD