*Oil Technical Overview* USOil rebounded strongly from the 60.00 region and is trading back above 62.00. The recent impulse move suggests a short-term bullish bias with potential for more upside. Support and Resistance Levels • Support: 61.40, 60.80 • Resistance: 62.45, 63.00 Buy and Sell Scenarios • Buy Scenario: Breakout above 62.45 could extend the rally toward 63.00. • Sell Scenario: Rejection near 62.45 may lead to a retracement back to 61.40.