Brent Crude Oil – $101.87 Is the Line in the SandBRENT CRUDE OILTVC:UKOILCryptocurrencyWatchGroupBrent crude oil is approaching a critical breakout point after a sustained move higher from the $94.78 area. The structure remains bullish, with price continuing to print higher highs and higher lows while holding above the rising trendline. Now the market is testing the $101.87 high. A decisive 4H close above $101.87 would take out the current resistance and confirm a potential continuation of the bullish trend. From there, I’m watching the Fibonacci extension levels: $103.00 → $104.70 → $105.80 → $107.20 The setup is straightforward: Break $101.87 → confirm the breakout → target the next Fibonacci levels. If momentum continues, $107.20 becomes the major upside objective for this leg. The bullish thesis remains intact while price respects the rising structure and continues to hold above key support. $101.87 is the level that decides the next move.