Crude oil price edged lower in its latest intraday session, pressured by the key $61.00 resistance level, which had been highlighted as our target in the previous analysis. This triggered a natural profit-taking phase following recent gains.
The pullback coincides with the partial relief of overbought conditions on the relative strength indicators, along with emerging negative signals, as the market looks to rebuild bullish momentum. This sets the stage for another attempt to challenge the resistance, supported by the ongoing short-term minor bullish wave.
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Full VIP signals performance report for September 22–26, 2025:
