🛢️ USOIL 18th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 71.50

Key Observation: Price trades below immediate resistance at 72.75 and above critical support at 70.16.

🔑 Critical Technical Levels

Resistance Zones

✅ 72.75

✅ 73.55

✅ 74.04

Support Zones

✅ 70.16

✅ 69.37

✅ 68.07

Swing Levels Alert: Recent swing high at 80.73 and swing low at 72.87 (watch for trend reversal signals).

📊 Technical Outlook

Fibonacci: Price tests 61.8% retracement near 70.16

RSI: Neutral at 51.2 (balanced momentum)

MACD: Bearish crossover developing on 4H chart

💡 Intraday Trade Setups

🟢 Buy Setup: Support Zone Reaction

Entry: 71.46 🎯

Stop Loss: 69.90 🚫

Take Profit 1: 73.55 💰

Take Profit 2: 74.04 💰💎

🔴 Sell Setup: Resistance Rejection

Entry: 72.75 🎯

Stop Loss: 74.20 🚫

Take Profit 1: 70.16 💰

Take Profit 2: 68.07 💰💎

🧠 Pro Trader Insight

"Price consolidates near OPEC+ decision thresholds. Monitor EIA crude inventories and Middle East supply dynamics for fundamental confirmation of technical patterns."

🔍 Confirmation Checklist

☑️ Verify 70.16 support integrity

☑️ Track USOIL correlation with USD index

☑️ Monitor 4H candle closes above/below 71.46