⛽ USOIL Daily Analysis Based on Main Key Levels – April 15, 2025

Current Market Price:

61.73

🗝️ Critical Price Zones

Below Price (Demand Cluster):

Immediate Support: 60.15

Strategic Floor: 59.57

Swing Low: 68.87

Above Price (Supply Cluster):

First Resistance: 63.48

Key Barrier: 63.61

Swing High: 73.11

📊 Technical Drivers

1. Fibonacci Confluence

Bull Scenario: 60.15 aligns with 50% retracement of the decline from 73.11→59.57.

Bear Scenario: 63.48 corresponds to 127% extension of the recent rebound phase.

2. Momentum Indicators

RSI: Bullish divergence detected on 4H chart (price lows vs. rising momentum).

MACD: Signal line crossover above zero suggests short-term bullish bias.

💡 Intraday Trade Setups

Long Opportunity 🟢 (Intraday Buy)

Entry: 60.15 📍

Stop Loss: 59.57 🛑

Take Profit 1: 61.59 🎯

Take Profit 2: 62.36 🚀

Rationale:

Institutional accumulation zone at 60.15 (38.2% Fib level).

Bullish engulfing pattern confirmed on 1H timeframe.

Short Opportunity 🔴 (Intraday Sell)

Entry: 63.48 📍

Stop Loss: 63.61 🛑

Take Profit 1: 62.84 🎯

Take Profit 2: 61.73 🚀

Rationale:

Resistance cluster at 63.48–63.61 aligns with options expiry triggers.

Bearish divergence between price and volume oscillator.

📉 Risk Management Protocol

Trail stops to entry price after TP1 hit.

Monitor EIA crude inventories (14:30 GMT) for volatility catalysts.

🔍 Market Perspective

USOIL consolidates between 60.15–63.48. Prioritize range-bound strategies with 1:2 risk-reward ratios. A sustained break above 63.61 or below 59.57 would confirm directional bias.

🔑 Key Takeaways:

Pivotal battle at 60.15–63.48 defines near-term trajectory

RSI divergence signals potential trend reversal

Geopolitical catalysts (Middle East tensions) may amplify moves