💹 USOIL 25th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 71.07

Key Levels:

Resistance (Above DCMP): 71.15, 72.27, 74.09 🎯

Support (Below DCMP): 70.02, 69.33, 68.20 🛡️

Swing High: 73.64 | Swing Low: 70.16

Technical Snapshot 🔍

Critical Zones:

Resistance Cluster: 71.15 (Fib 50% retracement + swing high alignment).

Support Base: 70.02 (Fib 61.8% extension + swing low convergence).

Indicators:

RSI shows bearish divergence near 71.15 resistance.

MACD flips bullish at DCMP, signaling short-term momentum.

Trade Setup 📊

Intraday Buy 🟢

Entry: 70.02 (Key Support)

Stop Loss: 69.33 🔴

Take Profit 1: 71.07 🟡 (DCMP)

Take Profit 2: 71.15 🟢

Rationale: Strong support aligns with Fib 61.8% and swing low.

Intraday Sell 🔴

Entry: 71.15 (Immediate Resistance)

Stop Loss: 72.27 🔴

Take Profit 1: 70.02 🟡

Take Profit 2: 69.33 🟢

Rationale: Resistance coincides with Fib 50% retracement and bearish RSI.

Key Observations 🔥

Bullish Catalyst: Hold above 71.07 targets 71.15.

Bearish Risk: Break below 70.02 risks 69.33.

Volatility Alert: Price action near DCMP (71.07) drives intraday bias.

⚠️ Risk Note: Use 1:2 risk-reward ratio with stops under 1.5 points.