WTI
Crude Oil recently surged toward the $110–$114 zone, driven by geopolitical tensions and supply disruption fears.
The market has now cooled near $94–95, as expectations of supply increases and reserve releases come into play.
🌍 Market Insight
• Strong geopolitical risk premium
• Possible IEA & US intervention
• Highly volatile, news-driven environment
🔍 Technical Structure
• Short-term → Bearish correction
• Medium-term → Strong bullish trend
📉 Key Levels
Resistance
• 96.50 – Intraday supply
• 100.00 – Psychological level
• 104.00 – Breakout continuation
Support
• 92.00 – Immediate support
• 88.50 – Strong demand
• 85.00 – Major support
Crude Oil is experiencing a healthy pullback, but the broader bullish trend remains supported by geopolitical uncertainty.
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