🛢️ CLUSDT (WTI): Will there be a technical rebound aiming for 84 USDT?uuu
The CLUSDT chart on the 12-hour timeframe shows a recovery after bouncing off the middle area of the structure. 📊
🔍 Key Analysis:
💵 Current Price: Trading at 81.67 USDT (+1.48%).
📈 Dynamic Support: The price has managed to position itself above the MA7 (81.58 USDT), using it as a short-term support point.
🧱 Main Resistance: The key level to break in order to maintain the bullish momentum is the Supertrend zone at 84.29 USDT (near the recent high of 84.04 USDT).
🛡️ Lower Supports: The MA25 (78.99 USDT) and the MA99 (78.13 USDT) form the base of the larger trend.
💡 Strategy: The cross and consolidation above the MA7 opens up the possibility of testing the upper resistance at 84.29 USDT.
💬 How do you see the Oil (WTI) outlook this week?
Do you think demand will push the price to break the resistance, or will we see consolidation in this range? Share your opinion in the comments! 👇
#WTI #CrudeOil #BinanceSquare #Trading #Write2Earn!
The CLUSDT chart on the 12-hour timeframe shows a recovery after bouncing off the middle area of the structure. 📊
🔍 Key Analysis:
💵 Current Price: Trading at 81.67 USDT (+1.48%).
📈 Dynamic Support: The price has managed to position itself above the MA7 (81.58 USDT), using it as a short-term support point.
🧱 Main Resistance: The key level to break in order to maintain the bullish momentum is the Supertrend zone at 84.29 USDT (near the recent high of 84.04 USDT).
🛡️ Lower Supports: The MA25 (78.99 USDT) and the MA99 (78.13 USDT) form the base of the larger trend.
💡 Strategy: The cross and consolidation above the MA7 opens up the possibility of testing the upper resistance at 84.29 USDT.
💬 How do you see the Oil (WTI) outlook this week?
Do you think demand will push the price to break the resistance, or will we see consolidation in this range? Share your opinion in the comments! 👇
#WTI #CrudeOil #BinanceSquare #Trading #Write2Earn!