USOIL looks like it could be hitting bottom territory. We're at the 36-week window from the April low, and prices actually dipped below that April level this past week—hit an intraweek low of 54.96. Could be the turning point. The real confirmation signal we're waiting for: if crude closes above the 20-week moving average, that's your green light that the bottom is in. Keep an eye on that level.
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GasFeeLady
· 6h ago
ngl the 20-week ma break is giving me the same vibes as catching that optimal gas window—timing is everything fr. 54.96 dip was spicy though, not gonna lie
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MEVHunter
· 6h ago
ngl this 20-week MA break is where the real alpha bleeds... if it holds above that level, the accumulation was never a trap. watching mempool for the actual reversal catalyst tho
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retroactive_airdrop
· 6h ago
Is the bottom-fishing signal here? Let's wait until the 20-week moving average breaks below.
USOIL looks like it could be hitting bottom territory. We're at the 36-week window from the April low, and prices actually dipped below that April level this past week—hit an intraweek low of 54.96. Could be the turning point. The real confirmation signal we're waiting for: if crude closes above the 20-week moving average, that's your green light that the bottom is in. Keep an eye on that level.