CL - 1D - 22.07.2026Crude Oil / Tether LINEAR FUTURES CONTRACTBITUNIX:CLUSDT.PpriitzzyChart Structure & Market Context Current Price Action: The chart shows a strong impulse recovery following a sharp multi-week downtrend that bottomed out near the 67-68 support region in early July. Price is currently pushing higher, trading around $86.83, breaking out of its previous consolidation range. Key Support Zones (Blue Bands): Lower major support sits around $72.06, where the market established a solid swing base. Intermediate support/retest zone lies around $79.98, which previously acted as resistance before being flipped into support during the breakout. Key Resistance Zones (Pink Bands): Immediate overhead resistance is stacked between $87.90 and $91.78, aligning with prior structural supply where the previous major downtrend originated. Technical Outlook Momentum: The sequence of higher lows and strong bullish daily candles indicates that the short-term path of least resistance has flipped firmly to the upside. The Test Ahead: Price is now pressing directly into the lower boundary of the upper resistance zone (~$87.90). How price reacts here will determine whether it can carve a path toward the upper bound of $91.78 or if it will experience a localized pullback/consolidation to digest recent gains.