The D1 chart of XTIUSD (WTI Crude Oil) shows a prolonged consolidation phase near key support levels, with recent price action rebounding from a low of 68.06. After a multi-day decline, the market has found footing around 68.50-68.70, with lower volume suggesting diminished selling pressure. The current setup indicates a potential reversal as the price approaches the 68.82 level, which aligns with a prior consolidation high. This suggests a possible bullish breakout, driven by the formation of a bullish pattern (e.g., bullish engulfing or a double bottom) near the support zone. The recent close at 68.55, coupled with higher-than-average volume…

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