Crude oil prices fell sharply in their latest intraday session after reaching the $62.00 resistance level, which had been highlighted as a key target in our previous analysis. This triggered a clear profit-taking wave following the recent strong gains.
The pullback coincides with attempts to rebalance the technical setup by relieving overbought conditions on the relative strength indicators, accompanied by emerging negative signals. This may help the market rebuild bullish momentum to support a potential recovery, reinforced by continued dynamic support from trading above the 50-period EMA, which strengthens the likelihood of near-term price gains.
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Full VIP signals performance report for September 22–26, 2025:
