Sharp drop → Stabilization → ReboundWTI CRUDE OILTVC:USOILChuck_WilsonCrude oil is currently in a phase of "repeated reassessment of geopolitical risk premium"—the news changes daily, the technical picture is mixed, and the essence of trading is betting on whether the Strait of Hormuz ceasefire agreement can be truly implemented. Support level: 88.00-90.00. The two most critical resistance levels to watch are 95.00 and 96.15 (20-day EMA). Short selling strategy: Consider shorting when the price rebounds to the 94.5-95 range. Long selling strategy: Enter the 90-90.50 range. If you want to go long, wait until the price stabilizes below 90 or the agreement is confirmed before considering it; if you want to go short, wait until the price rebounds to above 94 before taking action. During the narrow fluctuations in the middle, it's best to observe more and act less. In short: Sharp drop → stabilization → rebound; a V-shaped structure is emerging, but its strength is questionable.