USOil (WTI) Structure Transitions Bullish Above Established Demand Zones

Market Analysis – January 30

USOil structure transitions bullish above established demand zones. USOil is displaying a clear bullish regime shift, supported by an improving alignment between trend direction and momentum indicators. The short-term moving average has completed a bullish crossover above the medium-term moving average, confirming upside trend resumption and signaling a transition from distribution into accumulation. This shift is further reinforced by a constructive MACD configuration, with the histogram expanding above the zero line, highlighting strengthening bullish momentum. Volatility remains compressed, suggesting controlled price expansion rather than exhaustion-driven movement.

USOil Key Levels

Resistance Levels: $61.450, $66.420, $72.220
Support Levels: $55.150, $52.030, $50.060

USOil Long-Term Trend: Bullish

From a pure price-dynamics perspective, the market has executed a decisive structural break above the former swing cap near $61.990, reestablishing this zone as a valid demand area between $61.450 and $61.990. The progression of higher lows originating from the $55.150 base confirms the development of an emerging uptrend, while the impulsive advance toward $64.380 reflects strong bullish displacement beyond prior consolidation. Shallow pullbacks and consistent respect for bullish order blocks suggest efficient absorption of supply during corrective phases.

Looking ahead, sustained acceptance above $63.260 preserves the bullish market structure, favoring continuation toward the $66.420 resistance level. A confirmed breakout and close above this zone would expose higher liquidity objectives near $69.610 and $72.220 over the medium term. Any retracement is expected to remain corrective while price holds above $61.450, where demand is likely to reassert itself and align with prevailing forex signals that continue to support the broader bullish trend.

USOil Short-Term Trend: Bullish

On the four-hour chart, USOil maintains a bullish structure characterized by higher highs and higher lows above the $61.450 demand zone. Price continues to trade above the rising 9- and 21-period moving averages, confirming sustained short-term upside momentum. The recent pullback from $66.420 appears corrective, with buyers actively defending the $63.260–$64.030 support region. As long as price remains above $61.450, the market remains positioned for continuation toward $66.420 and potentially higher levels.

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