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Is WTI ready to move lower? 20 Day Moving Average Resistance shows up after gaining 2.69%
WTI posted a 2.69% gain on Friday, August 7th, accompanied by 1.3× normal trading volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 3.26, 3.09 & 2.95, with resistance at 3.57, 3.71 & 3.88.
Current SwingTradeBot Technical Rating of WTI: D
Don’t miss other key signals WTI triggered—view them now on SwingTradeBot.com.
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