OILUSD 30m: Bounce Setup from Reversal Point – Target 93.65

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OILUSD 30m: Bounce Setup from Reversal Point – Target 93.65WTI Crude (OIL) / US DollarEASYMARKETS:OILUSDmasood112jCrude Oil has seen a sharp sell-off and is now testing a key support zone on the 30-minute timeframe. Key Observations: Price broke down from the rising channel. A clear demand zone is marked as Reversal Point around 87.50 – 88.50. Price is currently reacting from this area. Trade Idea (Bullish Bounce): Looking for a bounce from the Reversal Point. As long as price holds above this zone, a recovery move is expected. Target: Upside Target → 93.50 – 93.65 area Invalidation: A strong break and close below the Reversal Point would cancel the bounce setup and open further downside. Risk management is important — wait for confirmation of rejection from support before entering. What is your view on Oil from here? Share your thoughts in the comments!