$CL BUYERS HOLDING STRONG SUPPORT AT $78 — BOUNCE SETUP IN PLAY 🎯
Entry: 78.90 🔥
Target: 79.80 🚀
Stop Loss: 76.00 ⚠️
Price has bounced firmly from the $78 demand zone, with higher lows forming on the 15M chart. This indicates buyers are regaining control and defending the level. Holding above 78.90 increases the probability of a push toward the $80 resistance area. A break above 79.80 could accelerate buying momentum.
Momentum on the 4H RSI is turning up from oversold territory for the first time this week. Are you entering here or waiting for a cleaner sweep of the support?
Not financial advice. Always manage your risk.
#CL #LongSetup #CrudeOil #SupportBounce #Breakout
🎯
Entry: 78.90 🔥
Target: 79.80 🚀
Stop Loss: 76.00 ⚠️
Price has bounced firmly from the $78 demand zone, with higher lows forming on the 15M chart. This indicates buyers are regaining control and defending the level. Holding above 78.90 increases the probability of a push toward the $80 resistance area. A break above 79.80 could accelerate buying momentum.
Momentum on the 4H RSI is turning up from oversold territory for the first time this week. Are you entering here or waiting for a cleaner sweep of the support?
Not financial advice. Always manage your risk.
#CL #LongSetup #CrudeOil #SupportBounce #Breakout
🎯