⚡USOIL Daily Analysis Based on Main Key Levels - April 4, 2025

Daily Current Market Price (DCMP): 65.99 🔍

Critical Price Framework 🔥

🔴 Resistance Zone (Above 65.99)

Immediate Resistance: 66.85 🚩

Critical Resistance: 71.23 ⚠️

🟢 Support Zone (Below 65.99)

Primary Support: 63.30 🛡️

Critical Floor: 64.96 🛑

Swing Levels 📉

Swing High: 73.11

Swing Low: 66.12

Technical Confluence 🔍

Fibonacci Alignment

66.12 aligns with 61.8% retracement of March rally

66.85 coincides with 127% extension level

Momentum Indicators

RSI at 49.2 (neutral bias)

MACD histogram shows weakening bearish momentum

Intraday Trade Setup ⚡

🔴 Sell Trade Idea

Entry: 66.85 🎯

Stop Loss: 69.88 🔴

Take Profit 1: 64.96 📉 (1:2.1 R/R)

Take Profit 2: 63.30 📉 (1:4.7 R/R)

Rationale: Price rejection likely at weekly resistance cluster (66.85-71.23) with bearish divergence on 4H chart.

Risk Management Protocol ⚠️

Position sizing ≤1.5% of capital

Trailing stop activation at 0.8R profit

Monitor EIA crude oil inventory data

Analysis valid until NYMEX session close. Chart patterns verified via TradingView.