🚨 $BZ JUST LIT UP THE CHART — OIL BULLS ARE CHARGING! 🛢️🔥
Brent Oil is pushing aggressively higher, trading around $105.70 after a powerful breakout. Price recently tagged $112.75, while volume exploded alongside the move — showing serious participation from buyers.
🕐 1H — Momentum Still Elevated
Price is holding around the MA(7) near $105.69, with the broader structure firmly bullish. Holding $105–$102 keeps the short-term setup constructive.
📈 4H — Breakout With Volume
The trend has accelerated sharply, with price well above the MA(25) at $99.25 and MA(99) at $93.39. Buyers remain in control unless the breakout structure starts breaking down.
🌍 1D — Major Trend Shift
The daily chart has recovered strongly from the $70.19 low and pushed through previous resistance zones. With price above all major moving averages, the bigger picture has turned significantly stronger.
🎯 LEVELS TO WATCH
🟢 Support: $102–$105
🛡️ Strong support: $98–$100
⚡ Resistance: $107.50–$109.30
🚀 Major breakout: $112.75
🔥 Next upside zone: $114–$117
💡 My take: The momentum is impressive, but the vertical move also creates room for a sharp pullback. If bulls defend $102–$105, another attempt at $112.75 becomes interesting. A clean break above that high could bring fresh momentum.
Will Brent Oil smash through $112.75, or are sellers preparing a serious rejection? 👀📊
#BZ #BrentOil #CryptoTrading
#AppleDebutsFoldablePhone #US10YTreasuryYieldHitsHighestSinceNov2023 #USAugustPPIRisesLessThanExpected #IranSaysReadyToEscalateWarWithUS
Brent Oil is pushing aggressively higher, trading around $105.70 after a powerful breakout. Price recently tagged $112.75, while volume exploded alongside the move — showing serious participation from buyers.
🕐 1H — Momentum Still Elevated
Price is holding around the MA(7) near $105.69, with the broader structure firmly bullish. Holding $105–$102 keeps the short-term setup constructive.
📈 4H — Breakout With Volume
The trend has accelerated sharply, with price well above the MA(25) at $99.25 and MA(99) at $93.39. Buyers remain in control unless the breakout structure starts breaking down.
🌍 1D — Major Trend Shift
The daily chart has recovered strongly from the $70.19 low and pushed through previous resistance zones. With price above all major moving averages, the bigger picture has turned significantly stronger.
🎯 LEVELS TO WATCH
🟢 Support: $102–$105
🛡️ Strong support: $98–$100
⚡ Resistance: $107.50–$109.30
🚀 Major breakout: $112.75
🔥 Next upside zone: $114–$117
💡 My take: The momentum is impressive, but the vertical move also creates room for a sharp pullback. If bulls defend $102–$105, another attempt at $112.75 becomes interesting. A clean break above that high could bring fresh momentum.
Will Brent Oil smash through $112.75, or are sellers preparing a serious rejection? 👀📊
#BZ #BrentOil #CryptoTrading
#AppleDebutsFoldablePhone #US10YTreasuryYieldHitsHighestSinceNov2023 #USAugustPPIRisesLessThanExpected #IranSaysReadyToEscalateWarWithUS
