USOIL Daily Analysis Based on Main Key Levels – 31 March 2025

Daily Current Market Price (DCMP): 69.48

🗝️ Critical Price Framework

Below DCMP (Support):

🟢 69.04 (Swing Low Confluence & Fib Support)

🟢 68.21 (High-Liquidity Zone Anchor)

Above DCMP (Resistance):

🔴 69.88 (Immediate Swing High)

🔴 70.46 (Multi-Session Barrier)

🌐 Market Context

Swing Levels:

◼ Structural Swing High: 73.11

◼ Structural Swing Low: 66.12

Fibonacci Framework:

▫ 61.8% Retracement Cluster: 68.60–69.31 (Reversal Zone)

▫ 127.2% Extension Threshold: 70.02 (Breakout Catalyst)

📊 Technical Momentum Snapshot

✅ RSI Divergence: Neutral at 52.4 (4H bullish divergence emerging)

✅ MACD Signal: Histogram nearing zero line crossover (bullish momentum buildup)

✅ Volume Profile: Heavy liquidity at 68.87–69.75 range

💡 Trade Idea 1: Intraday Buy Setup

Entry: 🎯69.04 (Confluence of Weekly Pivot & Fib Support)

Stop Loss: ⚠️68.16 (Below Key Liquidity Pool)

Take Profit 1: 🏁69.75 (Immediate Resistance)

Take Profit 2: 🚩70.46 (Structural High Retest)

Rationale:

Bullish hammer pattern on 4H timeframe at 69.04

OPEC+ supply cut rumors supporting downside protection

💡 Trade Idea 2: Intraday Sell Setup

Entry: 🎯69.88 (Confluence of Swing High & Fib Extension)

Stop Loss: ⚠️70.46 (Above Multi-Session Resistance)

Take Profit 1: 🏁69.31 (Retracement Base)

Take Profit 2: 🚩68.60 (Liquidity Grab Zone)

Rationale:

Bearish rejection at 70.02 resistance cluster

Rising US crude inventories pressuring upside

📉 Strategic Observations

Price Magnetism:

Institutional orders clustered at 69.31 (200-period EMA)

Sentiment Shift:

Rising geopolitical risk premium in Middle East

Event Risk:

Wednesday’s EIA inventory data may amplify volatility

🔭 Forward Guidance

Monitor:

◼ Sustained close above 69.88 → Targets 70.46

◼ Breakdown below 69.04 → Opens 68.21 retest

Note: Implement 1:3 risk-reward ratios with trailing stops. Confirm trades with closing price breaks beyond key levels.

📌 Key Insight:

USOIL consolidates between 69.04–69.88. Prioritize range-fade strategies at tested technical boundaries with 1% risk tolerance, aligning with API inventory data-driven liquidity pools.