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$OIL $BRENT
Technical View – $WTI #CrudeOil (USOIL) Daily Chart
Trend: Bullish momentum after a strong breakout from the base around $65–70.
Key Levels
Support: $70 (Support-1 demand zone)
Immediate Resistance / Supply: $110 – $114
Target-3 Zone: $136 – $140
Price Scenario
If price rejects the $110–114 supply zone, a pullback toward $70 support is possible before continuation.
If price breaks and holds above $114, momentum could push toward the $136–140 target zone.
📈 Overall structure suggests a continuation rally after a healthy correction.