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News and Analysis Intermediate

Crude Oil Technical Analysis – USOIL: WTI Holds Key Support as Medium-Term Uptrend Remains Intact

Date Icon 26 February 2026
Review Icon Written by: Linh Tran
Time Icon 3 minutes read

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Article Summary

On the H4 chart, WTI maintains its uptrend as price remains above both the EMA50 and EMA100. After reaching the 67.0–67.3 USD area, price entered a pullback and is currently trading around 65.6–65.7 USD, near the 65.2–65.5 USD support zone (confluence with EMA50). If this level holds, price could revisit 67.3 USD and potentially extend toward 68.0 USD. Conversely, a break below 65.2 USD may trigger corrective pressure toward 64.5 USD or 64.0 USD.

WTI continues to trade above the EMA50 and EMA100 on the H4 timeframe, indicating that bullish momentum remains preserved as long as the 65.2–65.5 USD support zone is not breached.

On the H4 timeframe, USOIL (WTI) continues to maintain its medium-term bullish momentum as price remains above both the EMA50 and EMA100, with the moving averages still sloping upward. Previously, price extended its advance toward the 67.0–67.3 USD area before entering a technical pullback.

Currently, WTI is trading around 65.6–65.7 USD, approaching the key support zone at 65.2–65.5 USD, which also converges with the EMA50. Price is showing initial signs of recovery after testing this area, suggesting that bullish momentum has not yet been invalidated.

In the bullish scenario, if USOIL holds firmly above the 65.2–65.5 USD zone, the upward move could extend toward the 67.0–67.3 USD resistance area. A decisive breakout above 67.3 USD would open the door for further gains toward the 68.0 USD level.

On the downside, if price breaks below 65.2 USD, corrective pressure may intensify, with the nearest target around 64.5 USD (EMA100), followed by a deeper support level near 64.0 USD.

26.02.2026

USOIL (WTI)

(Chart powered by TradingView. Charts are for educational and illustrative purposes only and may differ from live trading prices on our platform.)

Disclaimer: The chart reflects the analyst's opinion and does not constitute investment advice. Past performance is no guarantee of future returns. Seek independent advice before making decisions.

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Linh Tran

Linh Tran

Market Analyst

Linh Tran is a member of the Market Analysis team at XS.com, holding a Master’s degree and with experience in the financial markets since 2018. She focuses on macroeconomic analysis, central bank policies, and multi-asset markets including forex, commodities, equities, and cryptocurrencies, delivering structured and data-driven market insights.

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This written/visual material is comprised of personal opinions and ideas and may not reflect those of the Company. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. XS, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same. Our platform may not offer all the products or services mentioned.

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