U.S.-Iran Conflict Escalates! $CL Bulls and Bears Clash at the $72 Mark!

Brothers, Iran is in trouble again, oil prices surged directly!
News:
The U.S. Central Command confirmed it has launched a "series of powerful" strikes against Iran in response to Iran's attack on merchant ships in the Strait of Hormuz. Almost simultaneously, the U.S. Treasury revoked the general license for Iranian oil sales, leaving a closing window for transactions only until July 17. Iran's Foreign Ministry strongly condemned the move, stating that the U.S. seriously violated Article 10 of the Islamabad Memorandum of Understanding signed on June 18, and warned of taking "all necessary measures."
The geopolitical premium has shifted from "negotiation expectations" back to "supply disruption" risk pricing. WTI crude oil rose over 5% in a single day, standing above $72.
Technical Analysis:
The current price has broken through the $70 mark, with RSI1 at 71.42, approaching overbought levels.
Upper resistance: 72.5-73, a breakout would target 74.
Lower support: 71.6-71, a loss would target 70.
Gongming's View:
The escalation of geopolitical conflict is a solid bullish factor, but OPEC+'s expected production increase in August and demand concerns still limit upside potential. Short-term bullish, but chasing highs carries high risk.
Trading Strategy:
Conservative: Wait for a pullback to around 71-71.5 to go long.
Aggressive: Go long near the current price of 72.2.
Geopolitical risks are here, but don't FOMO into chasing highs; wait for a pullback for a more stable entry.
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