🛢️ USOIL Daily Analysis Based on Main Key Levels – April 1, 2025

Daily Current Market Price (DCMP): 71.14

Market Context: Trading above immediate support at 69.55 / below resistance cluster at 71.78-72.48

🔑 Critical Price Framework

Demand Zones:

✅ Structural Support: 68.21-69.55 (Fib 61.8% Retracement Zone)

⚠️ Breakdown Threshold: 66.85 (4H Swing Low)

Supply Barriers:

⛔️ Upper Resistance: 71.78-73.59 (Multi-Timeframe Supply Confluence)

🚀 Bullish Breakout Level: 73.11 (Daily Swing High)

Swing Reference:

🔺 Swing High: 73.11 (Daily Chart Peak)

🔻 Swing Low: 66.12 (4H Chart Trough)

📊 Technical Configuration

Fibonacci Framework:

38.2% Retracement at 70.66 aligns with liquidity pool

61.8% Extension at 71.78 matches historical resistance

Momentum Dynamics:

⚡ RSI: Neutral at 51 with bearish divergence on 4H chart

📉 MACD: Histogram below zero line (bearish momentum confirmed)

💡 Tactical Trade Blueprint

Intraday Buy Setup

🎯 Entry: 70.40 (Demand Zone & Fib 61.8% Convergence)

🛑 Stop Loss: 69.04 (Below Structural Support)

🎯 Take Profit 1: 71.14 (DCMP Retest)

🎯 Take Profit 2: 71.78 (Lower Resistance Band)

Rationale: Reversion play at deep Fib support with oversold RSI conditions.

Intraday Sell Setup

🎯 Entry: 71.23 (Resistance Zone & Fib 38.2% Retracement)

🛑 Stop Loss: 72.48 (Above Supply Cluster)

🎯 Take Profit 1: 69.55 (Immediate Support)

🎯 Take Profit 2: 68.21 (Structural Demand Zone)

Rationale: Bearish rejection likely at resistance with MACD confirming downside bias.

📍 Strategic Outlook

Price consolidates between 70.66 (Fib 38.2%) and 71.78 (lower resistance). Sustained close above 72.48 opens path to 73.11. Downside risk escalates below 68.21 with 66.85 as next bearish target.

Risk Alert: Monitor OPEC+ supply decisions for volatility triggers. 💥