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USOIL
is showing a significant uptrend, with the price trading around $94.49 and a daily gain of approximately 3.19%.
Resistance:
$94.50: Primary target for the uptrend.
$115.00: Projected high for the second quarter of 2026 (2Q26) according to the EIA.
Support Levels:
$87.70: Critical pivot point; staying above it favors long positions.
$85.50 - $83.90: Downside targets if the price breaks below the main support level.