USOIL: Risk premium is back, but momentum is stretchedUs Crude Oil CFDFOREXCOM:USOILProfessorSingaporeWTI is trading near $83.65-$83.70 after a sharp upside move toward the $83.87-$84.00 resistance area. The move is mainly news-driven. Oil is still supported by Middle East supply-risk headlines, especially around the Strait of Hormuz and broader regional tensions. This keeps a geopolitical risk premium in crude, because any disruption to shipping or exports can quickly tighten supply expectations. At the same time, the market is not purely bullish. Demand concerns and previous inventory builds are still limiting the upside. That is why WTI is jumping on geopolitical headlines, but struggling to extend cleanly above resistance. On the chart, price is far above EMA9, EMA20, SMA50 and SMA200, which confirms strong short-term bullish momentum. But RSI is near 66 and Stoch RSI is around 80+, so the move is already stretched. Buying directly into resistance after such a vertical candle is not the cleanest setup. The key takeaway: oil is supported by geopolitical risk, but the current move needs either consolidation or a clean breakout above resistance to stay healthy. ⚠️ Not financial advice.