CL showing resilience at key support level (~$87). Double bottom formation from Jan-Feb followed by higher lows in May suggests accumulation phase. Current consolidation near support with decreasing volatility - classic pre-breakout pattern. Looking for move above $93.50 to confirm next leg up. Defensive consumer staples positioning well for H2 2025. #Bullish #TechnicalAnalysis
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.