🛢️ WTI Crude at $83.52 (+1.57%) in a confirmed uptrend. Energy bulls are back in the driver's seat.

📊 Technical Snapshot:
Price is above the 20-day ($82.35) and 50-day ($79.17) moving averages — the trend structure is healthy. RSI at 51.8 is dead neutral, meaning there's plenty of room for continuation without hitting overbought. MACD at +0.795 with positive histogram (+0.159) confirms upward momentum.

Volume at 0.82x average is the one concern — a real breakout needs volume confirmation.

📐 Key Levels:
Support: $70.44 (50-day MA deep support)
Resistance: $90.54 (recent swing high)
3-month range: $68.55–$96.02

Currently -13% from the 3-month high and +21.8% from lows — positioned for a push higher if geopolitical risk stays elevated.

⚡ Why It Matters: Oil is the ultimate macro asset. Supply constraints from OPEC+, geopolitical tensions, and summer driving season all support prices. If $85 breaks with volume, $90 is the next target.

Oil bulls or bears? Where do you see WTI by year-end? 🛢️

#CrudeOil #Commodities #DYOR

⚠️ Not financial advice. Commodity markets are influenced by geopolitics and macro factors. Always manage risk.