USOIL / WTI — Bullish Recovery Setup
USOIL is showing a potential bullish recovery after finding support around the 74.00–76.00 zone. Price is gradually forming higher lows and attempting to build momentum toward the major resistance area near 82.50–83.00.
🔹 Support Zone: 74.00–76.00
🔹 Resistance Zone: 82.50–83.00
🔹 Bullish Target: 83.00+
🔹 Structure: Recovery with higher-low formation
🔹 Key Confirmation: A clean breakout and close above 83.00 could strengthen the bullish continuation setup.
⚠️ Trading Plan: Wait for confirmation around support or a confirmed breakout above resistance. Always use proper risk management and avoid overleveraging.
