WTI Intraday Signal: Watch 87.70
The WTI Intraday Signal reflects upside potential as price remains supported above the pivot level at 87.70. Momentum conditions are mixed to bullish, suggesting underlying strength while allowing for minor consolidation. As long as price trades above 87.70, the constructive bias remains intact.
Immediate resistance is located at 92.20. A sustained move above this level would confirm renewed buying momentum and likely extend the advance toward the upside objective at 94.70. Holding above the pivot reinforces the positive intraday structure and keeps buyers in control.
Trade Setup:
Enter: Long above 87.70
Stop-Loss (SL): 85.50
Target A: 92.20
Target B: 94.70