The H1 chart of XTIUSD (WTI crude oil) displays a downtrend with key support at 68.93, which has held multiple times during the candle window (UTC) 2026-06-24T10:00:00Z → 2026-06-26T23:00:00Z. Recent consolidation near 70.15 suggests a potential reversal, as the price has formed a series of lower highs and lower lows, indicating weakening bearish momentum. The breakout above the support level is confirmed by a notable increase in volume on the entry candle, signaling stronger buying interest. The bullish setup is further supported by the formation of a bullish candlestick pattern, with the close near 70.15 acting as a catalyst for…

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