WTI CRUDE OIL IS AT A CRUCIAL LEVEL 😠
Sats, oil is trading around $99.84, right on an important support zone near $99.45.
The next move could decide the direction. I’m watching two scenarios here.
If oil reclaims $100.60, buyers could regain control, opening the way toward $101 → $102 → $103 → $105
But if price loses $99.45, the downside could extend toward $99 → $98 → $97 → $96 → $94
For now, I’m not picking a direction blindly.
$CL
Sats, oil is trading around $99.84, right on an important support zone near $99.45.
The next move could decide the direction. I’m watching two scenarios here.
If oil reclaims $100.60, buyers could regain control, opening the way toward $101 → $102 → $103 → $105
But if price loses $99.45, the downside could extend toward $99 → $98 → $97 → $96 → $94
For now, I’m not picking a direction blindly.
$CL
