$USOon
Market Event: Price swept intraday lows and reclaimed the prior range support, indicating a downside rejection.
Momentum Implication: Buyers are defending structure; continuation higher is likely if support holds.
Levels:
• Entry Price (EP): 124.80 – 125.40
• Trade Target 1 (TG1): 127.20
• Trade Target 2 (TG2): 129.50
• Trade Target 3 (TG3): 132.00
• Stop Loss (SL): 123.40
Trade Decision: Lean long on shallow pullbacks into reclaimed support.
Close: As long as 123.40 holds, upside continuation remains favored.