Oil at Key Support – Bounce Toward 100 or Breakdown ?Crude Oil FuturesNYMEX_DL:CL1!khalid1988Price remains in a well-structured ascending Pitchfork, with a clean bullish sequence of higher highs and higher lows. Following the recent impulsive leg, price is now pulling back into the lower boundary, which is acting as dynamic support. What stands out: Clear reaction at Pitchfork support Bullish structure still intact Median Line continues to act as a natural draw for price Macro note: Ongoing US–Iran tensions are keeping a bid under oil. With supply-side risks in play, especially around the Strait of Hormuz, downside pressure remains limited for now. Outlook: As long as the lower boundary holds, a move back toward: 100 (Median Line) 109 (Upper boundary) remains the favored path. A sustained bounce could accelerate given the current geopolitical backdrop. Invalidation: A confirmed break below support would weaken the structure and open the door for a deeper pullback, though this is not the primary scenario at the moment. Approach: No rush on entries — waiting for clear confirmation: Rejection from support Or breakdown and retest Price tends to gravitate back toward the median line. //What’s your bias here — continuation to 100+ or breakdown from this zone ??