Light Crude Oil Futures (CL) – Trade Setup & Key Levels Crude Oil FuturesNYMEX_DL:CL1!MarxBabu 🛢️ Light Crude Oil Futures (CL) – Trade Setup & Key Levels 📊 Analyzing Light Crude Oil Futures based on recent market structure and risk management parameters. 📌 **Entry Price:** $61.15 🔑 Key Levels to Watch: 🔹 **Exit Target:** +6.1% above entry → around $64.88 🔹 **Stop Loss:** -4.6% below entry → around $58.34 🔹 **Support Zone:** -7.3% below entry → around $56.66 🔹 **Resistance Zone:** +10.9% above entry → around $67.84 Crude Oil is consolidating in a medium-range channel. With the current entry, the risk-to-reward ratio favors a potential upside, while defined levels help manage downside risks. **Bullish View:** Price can aim for $64.88 first, and potentially retest the $67.80 resistance zone. **Bearish View:** If $58.34 fails to hold, we may see extended downside toward $56.66 support. ⚠️ **Note:** If price breaks below $58.34, expect further decline toward support. ⚠️ 🔔 **Be sure to follow updated ideas for Crude Oil Futures!** 🔔 ⏰ **Analysis Timeframe:** Daily & 4H perspective. ⚖️ **Always use a Stop Loss** for risk management! 🚨 💡 **This is just my market idea — follow your own strategy.** ✅ **Hit the 'Like' button** ✅ 🙏😊 & Share with fellow traders if you find it useful!