USOIL - 4H

Atualizado
As mentioned in our previous analysis, the price is expected to retest and subsequently rise to reach 78.91. The price is currently attempting to stabilize above 78.91 to confirm a more bullish trend. Should the price stabilize above this resistance level, as indicated by the closing of a 4-hour candle, it is anticipated to reach 79.88. However, if the price falls below 78.91 again, it is likely to decline to 78.07.

The stabilization above 78.91 is critical for confirming the bullish momentum. If achieved, it will signal a continuation of the upward trend towards the target of 79.88. Conversely, failure to maintain this level will indicate a return to bearish conditions, with the price expected to drop to 78.07. This analysis underscores the importance of the 78.91 level as a pivotal point for the market's direction.
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