📊 USOIL 12th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 66.32

USOIL consolidates below resistance at 67.60 and above support at 65.58. Key swing levels at 73.11 (high) and 65.25 (low) define near-term price boundaries.

Key Levels & Technical Snapshot 🎯

🟢 Support Zones

Immediate Support: 65.58 (Intraday Buy Trigger)

Stronger Support: 64.32

Swing Low (Daily/4H): 65.25

🔴 Resistance Zones

Critical Resistance: 67.60 (Intraday Sell Trigger)

Upper Resistance: 68.13

Swing High (Daily/4H): 73.11

📈 Technical Indicators

RSI: Neutral at 48, no divergence observed.

MACD: Bearish momentum near pivot 66.33; crossover potential at 65.64.

Fibonacci: 65.58 aligns with 38.2% retracement; 67.60 matches 61.8% extension.

Trade Setups 💼

1️⃣ Intraday Buy Trade

Entry: 🎯 65.58

Stop Loss: 🚫 64.32

Take Profit 1: ✅ 66.33

Take Profit 2: ✅ 67.02

Rationale:

65.58 converges with Fibonacci retracement and swing low at 65.25.

MACD reversal potential near pivot 66.33 strengthens upside bias.

2️⃣ Intraday Sell Trade

Entry: 🎯 67.60

Stop Loss: 🚫 68.13

Take Profit 1: ✅ 66.33

Take Profit 2: ✅ 65.64

Rationale:

67.60 resistance aligns with Fibonacci extension and swing high at 73.11.

RSI neutrality suggests limited bullish follow-through.

Final Outlook 🔍

USOIL’s equilibrium near 66.32 reflects consolidation. Intraday trades at 65.58 (buy) and 67.60 (sell) offer strategic entries. Monitor MACD for trend confirmation.

🔔 Critical Watch: A sustained break above 68.13 may signal bullish reversal, while failure below 64.32 could accelerate downside pressure.