Crude Oil Bulls Charging – Is $101 the Next Stop

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Price action is clearly respecting an overall uptrend, supported by a strong ascending trendline. After multiple BOS (Break of Structure) confirmations, the market has continued making higher highs and higher lows — a solid bullish signal.


Recently, price pulled back into a key demand + Fibonacci confluence zone (0.5 – 0.618) and reacted strongly, showing buyers are still active. Now, price is pushing back toward the range high / resistance near 100.15–100.60.


If this resistance breaks cleanly, we can expect a continuation move toward 101.20+ levels. However, a rejection here could lead to a short-term pullback before the next push.


Bias: Bullish continuation

Key Zone: 98.50–97.50 (buying interest)

Breakout Level: Above 100.60

Next Target: 101.20+ 🚀


Crude Oil Bulls Charging – Is $101 the Next Stop


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