Technical Analysis
Posted 1 hour ago
WTI Crude Oil: Bullish Trend Line Holds Support at $87.50
WTI crude surged above $90.00 and $91.20 before consolidating, forming a bullish trend line with support at $87.50 on the 4-hour chart. Price action shows bulls maintaining control despite the pause. Key resistance remains above current levels; break below $87.50 would signal weakening momentum. Watch for continuation toward fresh highs or breakdown confirmation.
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