Liang Ge Daily Profit|3.22 Crude Oil Weekly Preview!

Crude oil previously surged on Middle East tensions, but it's clearly been pulling back recently. WTI is currently trading around $93.5 in Asian hours, and market sentiment has gradually eased from the previous extreme nervousness. This is mainly because Trump and Israel have made some dovish comments—no ground troops deployment, no targeting Iran's critical energy infrastructure—so supply disruption fears have cooled down naturally.

From the daily chart perspective, crude oil remains in an overall bullish structure, but the $95 level is acting as a strong resistance, making upside gains difficult. Support below first looks at the $90 handle; if it breaks down, the next target could be $87.

RSI has also turned down from the overbought zone, and near-term momentum is genuinely weakening. Looking at the 4-hour chart, each high is lower than the previous one, showing a clear downtrend channel. Short-term resistance sits at $94.5–$95, with the next support at $91. If that doesn't hold, pullbacks could accelerate; if price manages to reclaim $95, the bulls still have a shot.

So for next week's trading strategy, Liang Ge still favors buying on dips as the main approach, with selling rallies as the secondary strategy. Watch the $105–$110 zone as short-term resistance above, and keep an eye on the $92–$87 range for support below.