USOIL Technical Analysis | 09/08/2026

USOIL remains under bearish pressure, with the overall market structure still favoring the downside.

Price is currently trading below the key resistance level at $80.78. As long as USOIL fails to break and hold above this level, the bearish outlook remains valid.

A short-term rebound may occur, but rejection from the $77.49–$78.74 resistance zone could bring sellers back into the market.

Key downside targets:

TP1: $75.36
TP2: $73.81
TP3: $71.89

The bearish scenario would weaken if price successfully breaks and holds above $80.78.

Bias: Bearish | Look for Sell opportunities on confirmation.

This analysis is for educational purposes only and does not constitute financial advice.

✅ Previous Analysis Result: All TP targets reached 🎯
See the previous USOIL setup here:

⚠️Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always wait for price confirmation and manage your risk accordingly.

>>GooD Luck 😊
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