# Liang Ge Daily Gains | 3.22 Crude Oil Weekly Outlook!



Crude oil previously had a rally driven by Middle East tensions, but it's clearly pulling back recently. WTI is currently trading around $93.5 in the Asian session, and market sentiment is gradually easing from the previous extreme panic. The main reason is that both Trump and Israel have softened their rhetoric—no ground troops deployment, no targeting Iran's critical energy infrastructure—so supply disruption fears have naturally cooled down.

From the daily chart perspective, crude oil remains in a bullish structure overall, but the $95 level is putting strong resistance, making the upside feel sluggish. On the downside, watch the $90 level first; if it breaks through, the next target could be $87.

RSI has also turned down from the overbought zone, and short-term momentum is indeed weakening. Looking at the 4-hour chart, each high is lower than the previous one, clearly showing a downtrend channel. Short-term resistance is at $94.5–$95; below that, watch if $91 holds support. If it doesn't hold, the pullback could accelerate; if we can reclaim $95, then the bulls still have a chance.

So for next week's trading strategy, Liang Ge still leans toward buying on dips as the main approach, with selling rallies as the secondary tactic. Short-term resistance above around the $105–$110 zone, with support to watch around $92–$87 below.
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