Crude Oil – Support Reversal & Order Block Target Achieved

Crude Oil respected the support level around 61.80 – 62.00, where price created a strong bullish reversal. After the rebound, price moved steadily higher and tapped into the order block zone at 63.00 – 63.40, successfully completing the short-term target at 63.15.

The bullish momentum shows strength, but this zone also acts as a potential supply area where sellers may re-enter. If buyers sustain pressure above 63.40, we could see further upside continuation toward 64.00. On the other hand, a rejection here could bring price back to retest the 62.50 support.

📌 Key Levels:

Support: 61.80 – 62.00

Resistance/Order Block: 63.00 – 63.40