Signal XTIUSD Buy — H1 - June 24, 2026 00:49 GMT-4
On the H1 timeframe for XTIUSD (WTI crude oil), the price has been consolidating near key support at 72.50 following a sustained downtrend. Recent candles show a low of 72.49 and a close near 72.65, indicating potential buying pressure accumulating at the lower end of the range. Volume spikes in the last few candles (notably 1782273600 with 1826) suggest increased participation, validating the strength of the consolidation phase. The price is now poised to break above the recent high of 73.01, which acts as a psychological resistance level, potentially initiating a bullish move. The current setup reflects a bullish divergence…