USOIL Analysis – Key Support Zone in Play🔥 #! 🔥
📉 Heavy Selling Pressure Since January
Crude oil has been under strong bearish pressure for months and is now hovering near its major support zone of $65-$67.
📌 Why This Zone Matters?
This level has acted as a strong support 4-5 times in the past 📊
Holding firm for the last 2 years ⏳
High probability of recovery from this zone
💰 Positional Buy Setup:
✅ Buy around current levels 📍
✅ Stop-loss: Below $64.50 (Daily close) 🚨
✅ Target 1: $70 🎯
✅ Target 2: $72 🚀
⚠️ Risk Warning: USOIL is highly volatile, making it risky for conservative traders. If you prefer safety, it's best to stay out of this trade.
📊 Trade with caution and proper risk management! 📈🔥