WTI Crude Oil is showing signs of a strong Bullish recovery following a period of consolidation. Price action is currently trending upward within a constructive channel, supported by the short-term moving averages. We are seeing higher lows being formed, which indicates that buyers are stepping in at higher price points.

The technical outlook will turn significantly Bullish upon a successful breach of the 100.00 psychological barrier. A candle close above this level would confirm a breakout from the recent range, opening the doors for a rally toward 105.000 (TP1) and potentially 110.000 (TP2). The RSI is currently trending in positive territory above the 50 level, suggesting that momentum is shifting in favor of the bulls.