[Crude Oil] – [Monday, September 22, 2025]

Although the RSI is in the Neutral-Bullish area, but with both EMAs crossing in a Death Cross configuration, #CL is likely to weaken in the near term down to its closest support level.

Key Levels

1. Resistance. 2 : 64.04

2. Resistance. 1 : 63.35

3. Pivot : 62.98

4. Support. 1 : 62.29

5. Support. 2 : 61.92

Tactical Scenario

Pressure Zone: If price breaks down below 62.98, it has the potential to move towards 62.29.

Momentum Extension Bias: If 62.29 is breached and closed below, it is likely to continue down to 61.92.

Invalidation Level / Bias Revision

The downside bias is contained if the price strengthens and breaks out to close above 64.04.

Technical Summary

EMA(50) : 63.09

EMA(200): 63.45

RSI(14) : 57.67

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