$CL WTI oil price is trading at 92.44 USD, a sharp increase of +2.21% in 24 hours. After hitting the short-term bottom at 88.01, the price recovered quickly, forming a strong green candle, indicating that the buying force is dominating. Technical analysis: • The price has bounced out of the strong support area of 88-89 USD. • MA5 (91,89) is heading up and below the price, confirming the short-term upward trend. • Volume increased during the recovery session showing positive cash flow. • The nearest resistance is the area of 94.5 - 96 USD (MA10 & MA20). Review: The oil is in the recovery phase after a deep adjustment. With the current increase and strong buying power, the probability of continuing to the 95-98 USD area in the short term is quite high. Recommendation: BUY in the area of 91.5 - 92.5. • Take profit: 95 - 96.5 USD. • Stop loss: below 89.5 USD. The main risk is geopolitical fluctuations and oil inventory data. Trade cautiously, manage capital well.