USOIL Technical Analysis Today, oil is trading at $71.63, in the event of an increase and reaching the 71.88 area, it will head to the first resistance area at 72.17, and in the event of a continuation of the increase, it will head to the second resistance at 72.46
On the other hand,
In the event of a decrease and stability below the 71.88 area, it will head to the first support area 71.24 and the second support area at 71.00
![USOIL Technical Analysis](https://www.briskmarkets.com/blog/wp-content/uploads/2025/02/OIL-3.png)
USOIL Technical Analysis: Resistance and support levels
• Second resistance: 72.46
• First resistance: 72.17
• First support: 71.24
• Second support: 71.00