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 🛢️USOIL Daily Analysis Based on Main Key Levels – March 24, 2025

  • Neom
  • Mar 24
  • 1 min read

Daily Current Market Price (DCMP): 68.08


Critical Price Zones 🔑


Above DCMP (Resistance/Sell Zones):


Immediate Resistance: 68.37 🛑

Major Resistance: 69.36 🔥


Below DCMP (Support/Buy Zones):


Immediate Support: 67.76 🛡️

Major Support: 65.79–64.19 🟢


Swing Levels (Daily/4hr):


Swing High: 73.11 📈

Swing Low: 66.12 📉


Technical Framework 📊


RSI: Neutral at 48, signaling consolidation.

MACD: Bearish crossover weakening near zero line.

Fibonacci: Strong confluence at 67.76 (38.2% retracement) and 68.37 (61.8% extension).


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Institutional Trade Setups 💼


1️⃣ Intraday Buy Trade Idea 🟢


Entry: 67.76 🎯

Stop Loss: 65.79 🚫

Take Profit 1: 68.37 ✅

Take Profit 2: 69.36 ✅


Rationale: Fib 38.2% support aligns with bullish reversal patterns on lower timeframes.


2️⃣ Intraday Sell Trade Idea 🔴


Entry: 68.37 🎯

Stop Loss: 69.36 🚫

Take Profit 1: 67.76 ✅

Take Profit 2: 65.79 ✅


Rationale: Resistance cluster at Fib 61.8% extension with bearish divergence.


Risk Management Protocol ⚠️


Position size ≤ 1.5% of capital per trade.

Trail stops to breakeven at TP1.

Avoid trading during EIA inventory report releases.


This analysis integrates Fibonacci retracements, institutional liquidity zones, and momentum indicators. Confirm with real-time order flow data before execution. 🚨

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