USOIL - Consolidation Between 69.92 & 71.78

Generally, the direction is a downtrend

Uptrend Side: To confirm the bullish trend, the price must stabilize above 71.78 by closing a 4-hour or daily candle above this level, particularly if it surpasses the next resistance at 73.80.

Downtrend Side: As long as the price continues trading below 71.78, the bearish trend will be activated, targeting 69.95 and potentially below 68.64.

Tendency Keys: 71.78
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