Crude Oil Market Update

Crude Oil is currently trading near a key resistance zone (96.80–97.20) after a strong recovery move.

The market is now at a critical decision point, where price action will determine the next directional move.

Market Structure Insight

• Price testing resistance after recovery

• Short-term structure → range to bullish

• Breakout confirmation still pending

Key Levels

Resistance

• 97.20 – Breakout level

• 98.60 – Next resistance

• 100.20 – Major psychological level

Support

• 95.20 – Immediate support

• 93.80 – Key support

• 92.40 – Strong demand zone

Crude Oil is at a high-impact zone, where a breakout or rejection will define the next major move.

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