On the D1 timeframe for XTIUSD (WTI crude oil), the recent consolidation phase following a strong bullish breakout suggests a potential continuation of the uptrend. The price has formed a bullish pattern with key support at 68.67, where recent daily lows have found traction, and resistance near 70.96, previously tested during a breakout. The current consolidation range (68.48-69.16) shows reduced volume compared to earlier bullish momentum, indicating a pause in the trend but not a reversal. The recent close at 68.67 aligns with the support level, reinforcing its validity. With the overall trend remaining bullish and the price rebounding from…

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