🛢️USOIL 14th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 71.30

USOIL trades near 71.30, balancing between immediate resistance and critical support levels.

Key Technical Summary 🔍

• Above DCMP (Resistance): 72.18, 72.26, 73.98, 75.09

• Below DCMP (Support): 70.39, 70.59, 69.28, 67.49

• Swing High: 80.73 🚨 | Swing Low: 72.87 🛑

• RSI: Neutral (52), no divergence.

• MACD: Bearish crossover below the signal line.

Intraday Trade Setups 💡

1️⃣ Intraday Buy Trade Setup

• Entry Price: 70.39 🟢

• Stop Loss: 69.28 🔴

• Take Profit 1: 71.51 🟡

• Take Profit 2: 72.18 🟢

• Rationale: Strong support confluence at 70.39 (aligned with Fib 61.8% retracement).

2️⃣ Intraday Sell Trade Setup

• Entry Price: 72.18 🔴

• Stop Loss: 73.98 🟡

• Take Profit 1: 71.05 🟢

• Take Profit 2: 70.39 🟢

Rationale: Resistance cluster near 72.18–73.98 signals bearish reversal potential.

Technical Breakdown 📉

Critical Levels:

• Resistance: 72.18 (immediate hurdle), 73.98 (major barrier).

• Support: 70.39 (key floor), 69.28 (next downside target).

• Fibonacci Levels: 69.85 (38.2% retracement), 67.49 (61.8% extension).

• Price Action: DCMP consolidates between 70.39–72.18; breakout likely to test swing extremes.

Conclusion 🎯

USOIL’s intraday bias hinges on 70.39–72.18. Bulls target 71.51–72.18, while bears aim for 71.05–70.39. Monitor MACD for momentum shifts.

Disclaimer: Analysis is educational. Verify with live data before trading.

🔔 Pro Tip: Use volume analysis to confirm breakout validity in volatile oil markets!