The crude oil price declined in its latest intraday session, remaining near the key resistance level of $61.75, which continues to act as a barrier to further gains. The price is attempting to establish a new higher low, which could serve as a support base to help regain bullish momentum and eventually break above this resistance.
This minor pullback occurs within a short-term bullish corrective wave, supported by the price’s stability above the EMA50. Additionally, the continued emergence of positive signals on the relative strength indicators reinforces the likelihood of resuming the upward movement once support is secured around $60.25.
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Full VIP signals performance report for September 22–26, 2025:
