🛢️ USOIL Daily Analysis Based on Main Key Levels – April 11, 2025

Daily Current Market Price (DCMP): 60.03

Market Context: USOIL trades below resistance at 64.99 and above support at 60.51.

🔑 Critical Technical Levels

Immediate Zones

Intraday Buy Support: 60.51 🟢 (Fib 50% retracement + swing low cluster)

Intraday Sell Resistance: 64.99 🔴 (61.8% Fib extension + descending trendline)

Swing High (Daily/4H): 73.11 | Swing Low (Daily/4H): 68.87

Fib Confluence Areas

Bullish Zone: 60.51–59.03 (78.6% Fib + liquidity pool)

Bearish Zone: 64.99–65.27 (88.6% Fib + triple-top pattern)

⚡ Momentum & Price Action

RSI Dynamics:

Hidden bullish divergence forming near 60.51 support

MACD Signal:

Histogram shows weakening bearish momentum below zero line

Volume Analysis:

Declining volume at DCMP (60.03) indicates consolidation

🎯 Trade Setups

1️⃣ Intraday Buy Trade Idea

Entry: 60.51 🎯 (Retest of Fib support cluster)

Stop Loss: 59.03 ⛔ (Below swing low structure)

Take Profit 1: 63.55 ✅ (Nearest liquidity zone)

Take Profit 2: 65.27 ✅ (Key resistance flip level)

2️⃣ Intraday Sell Trade Idea

Entry: 64.99 🎯 (Confluence of Fib & swing high)

Stop Loss: 68.87 ⛔ (Above weekly resistance)

Take Profit 1: 62.48 ✅ (Immediate support cluster)

Take Profit 2: 60.76 ✅ (Strong historical support)

⚠️ Risk Management Protocol

Maintain 1:3 risk-reward ratio for both setups

Monitor EIA crude inventory data at 14:30 GMT

Final Insight: USOIL consolidates between 60.51–64.99. Prioritize entries at Fib confluence zones with tight stops. A sustained break below 59.03 would trigger extended downside momentum.