On the H1 chart of XTIUSD (WTI crude oil), the recent price action displays a strong bullish trend with key support at 70.25 and 69.88 acting as foundational levels. The price has formed a series of higher lows since the pullback from 71.69, indicating a potential base accumulation phase. Notably, the candle closing at 70.25 shows a decisive rejection of the prior low, followed by a sustained upward move with increasing volume in the last few sessions, suggesting institutional buying pressure. The current structure aligns with a bullish breakout pattern, where the price has tested support multiple times and consistently…

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