Short-term trading recommendations for US crude oil: trade within the range, sell on rallies, and buy on dips.

智通财经2026/07/29 10:01

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

(1) Analysis: Rising tensions in the Middle East are pushing oil risk premiums higher, with WTI prices rebounding to around $83. Concerns over supply disruptions have increased, and a weaker US dollar is supporting oil prices. In the short term, focus on geopolitical risks, inventory changes, and the impact of OPEC+ supply policies. Technically, the trend remains volatile but biased to the upside. (2) Key focus: Geopolitical situation, inventory data, US Dollar Index. (3) Resistance: 83.00, 83.60, 84.00 (4) Support: 82.00, 81.00, 80.00

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Short-term trading recommendations for US crude oil: trade within the range, sell on rallies, and buy on dips.

You may also like

Crypto prices