*OIL Technical Overview* Crude oil is digesting its recent gains after spiking above $74. The price is stabilizing just above $70, maintaining a bullish posture with short-term pullback potential. RSI at 48.75 reflects balanced momentum. Support and Resistance Levels • Support: 70.00, 68.40 • Resistance: 72.20, 74.00 Trade Scenarios Buy Scenario: Buyers may re-enter above 72.20 targeting a retest of 74.00. Sell Scenario: A break below 70.00 could bring in sellers eyeing 68.40 support.