$CL just recorded a $3.54K long liquidation at $83.46, signaling that leveraged buyers were forced out around this level. The key question now is whether $CL can stabilize above its nearby demand zone or continue searching for lower liquidity.
Support: $82.80–$83.40
Resistance: $84.50–$85.20
Targets: $86.00 → $87.50 → $89.00
Holding above $83.40 would give bulls a chance to rebuild momentum. A decisive recovery through $84.50 could trigger another upside expansion, while failure to defend $82.80 would keep sellers in control.
📊 Watch $83.40 closely.
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