USOIL Bullish Rebound from Major Support

541

USOIL is showing signs of a bullish recovery after finding strong support around the **83.00–83.50 demand zone**. Price recently rejected lower levels and is attempting to build momentum from this key support area. The chart highlights a potential move toward the nearby resistance zone around **87.00–87.50**, which aligns with the marked target area and previous supply. As long as price holds above the current support region, buyers may remain in control and push the market higher. A successful breakout above intermediate resistance could accelerate the move toward the target zone.

**🎯 Target:** **87.50**
**🛡️ Key Support:** **83.00 – 83.50**
**📈 Bias:** Bullish above support zone.
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