The market has stopped reacting to every loud headline from Trump — the news effect has fizzled out . 📉 Now price is no longer driven by rhetoric, but by the real imbalance between supply and demand. ⚖️ And you can see it on the chart: oil has broken through the psychological $100 level and is trying to consolidate above it, which in itself is a strong bullish signal. 📈
In the short term, I expect a redistribution phase in the range of $98,844 – $104,510. In this zone, the market will either scoop up liquidity or shake out weak hands before the next move. 💧 Any dip into this area is not weakness, but fuel being prepared for the continuation of the trend. ⛽️
If the hold above $100 stays, the next scenario is obvious: the market will push toward retesting the March high around $119,420. 🎯Given the geopolitical situation and supply pressures, the upside remains the priority — the only question is how much longer they will let us accumulate before the breakout upward. ⬆️
⚠️ Not financial advice. Educational content only. DYOR