#美联储重启降息步伐 After reviewing Friday's session, this rebound in crude oil is quite interesting. WTI closed at $59.67, up 1.2%, and it’s clear that the bears are starting to hesitate.
There are three main support factors in the market right now: First, the Fed is increasingly signaling rate cuts, which means global liquidity will get looser and theoretically, energy consumption demand will pick up; second, supply-side issues remain unresolved, ongoing geopolitical tensions continue to suppress production recovery, and inventory structure hasn’t been sorted out; third, from a technical perspective, the bottom is being consolidated, and bulls have the upper hand in the short term.
On the daily chart, oil prices have tested the $56 level several times without breaking below it—this support is holding for now. The candlesticks are flipping back and forth, but bearish momentum is clearly fading. The MACD is tangled below the zero line, not giving any particularly clear signal yet. If $56 is really broken, the medium-term trend could shift.
The hourly chart is more straightforward—after stabilizing at the lower end of the range, prices have started to climb, and moving averages are beginning to spread upward, indicating that short-term momentum is recovering. The transition from weak to strong has begun, and the chance of breaking out of the current range is rising, though there probably won’t be a huge move for now.
What about the outlook for next week’s open? Personally, I’d prefer to wait for a pullback.
If there’s a dip to the $59.0-$59.5 area and it holds during Monday’s early session, you could consider going long, targeting $61.5-$62.5, with a stop loss below $58.5. Conversely, if prices shoot straight up to the $62.5-$63.0 resistance zone, you could try a light short, targeting $61.0-$60.5, with a stop above $63.5.
A more aggressive approach would be to follow the breakout: If it firmly breaks and holds above $63, add to longs with a target of $64.0-$64.5, and set a stop loss below $62.5. On the other hand, if $59 support is broken, I’d choose to sit on the sidelines and re-evaluate around $58.0-$58.5.
The market never follows your script—respect volatility, stick to logic, and manage your positions. That’s the basic skill set for surviving this game. If there’s any breaking news or key levels are breached during trading, be ready to adjust your strategy at any time.
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GateUser-ccc36bc5
· 14h ago
As soon as the Fed cuts interest rates, crude oil jumps up—this move is getting old... But $56 is really holding strong. I’m watching to see if it can break $63 next week; otherwise, it might just be a fake-out.
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TokenSleuth
· 14h ago
Wait, has the $56 support really held so many times... I just want to know if Monday will be the same old dumping trend again.
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DefiSecurityGuard
· 14h ago
ngl, that 56 support is sus as hell. seen this pattern before—classic honeypot setup where shorts get liquidated right before the rug. DYOR on those fed signals, not financial advice but the exploit vector here is obvious if u know where to look.
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FortuneTeller42
· 14h ago
The $56 barrier is really holding strong, the bears are clearly out of steam. Waiting for a pullback to enter next week is the right move.
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RektButAlive
· 14h ago
If the 56 level holds, it's time to pop the champagne; the bears are really out of steam.
#美联储重启降息步伐 After reviewing Friday's session, this rebound in crude oil is quite interesting. WTI closed at $59.67, up 1.2%, and it’s clear that the bears are starting to hesitate.
There are three main support factors in the market right now: First, the Fed is increasingly signaling rate cuts, which means global liquidity will get looser and theoretically, energy consumption demand will pick up; second, supply-side issues remain unresolved, ongoing geopolitical tensions continue to suppress production recovery, and inventory structure hasn’t been sorted out; third, from a technical perspective, the bottom is being consolidated, and bulls have the upper hand in the short term.
On the daily chart, oil prices have tested the $56 level several times without breaking below it—this support is holding for now. The candlesticks are flipping back and forth, but bearish momentum is clearly fading. The MACD is tangled below the zero line, not giving any particularly clear signal yet. If $56 is really broken, the medium-term trend could shift.
The hourly chart is more straightforward—after stabilizing at the lower end of the range, prices have started to climb, and moving averages are beginning to spread upward, indicating that short-term momentum is recovering. The transition from weak to strong has begun, and the chance of breaking out of the current range is rising, though there probably won’t be a huge move for now.
What about the outlook for next week’s open? Personally, I’d prefer to wait for a pullback.
If there’s a dip to the $59.0-$59.5 area and it holds during Monday’s early session, you could consider going long, targeting $61.5-$62.5, with a stop loss below $58.5. Conversely, if prices shoot straight up to the $62.5-$63.0 resistance zone, you could try a light short, targeting $61.0-$60.5, with a stop above $63.5.
A more aggressive approach would be to follow the breakout: If it firmly breaks and holds above $63, add to longs with a target of $64.0-$64.5, and set a stop loss below $62.5. On the other hand, if $59 support is broken, I’d choose to sit on the sidelines and re-evaluate around $58.0-$58.5.
The market never follows your script—respect volatility, stick to logic, and manage your positions. That’s the basic skill set for surviving this game. If there’s any breaking news or key levels are breached during trading, be ready to adjust your strategy at any time.
$BTC $ETH $BNB