# USOIL1D: Technical Analysis: Is $105 Next?

> WTI crude oil rebounds above $93.39 point of control as technical indicators suggest $105 target.
- Title: USOIL1D: Technical Analysis: Is $105 Next? · TradingView
- Summary: WTI crude oil rebounds above $93.39 point of control as technical indicators suggest $105 target. WTI crude oil price rebounds above $93.39 point of control…
- Keywords: wti, technical analysis, point of control, crude oil, ascending channel, price target, business, finance, USOIL1D, Technical, Analysis, 105
- Source: TradingView — https://tradingview.com/chart/WTI/k3Z5Bikb-USOIL1D-Technical-Analysis-Is-105-Next
- Published: 2026-10-19T12:59:33+00:00
- Read time: 1 min
- Topics: wti, technical analysis, point of control, crude oil, ascending channel, price target, business, finance
## Price Reclaims Point of Control
WTI crude oil price moves above $93.39 point of control after brief testing of $89-90.
## Channel Resistance Focus
Price near $100.25 approaches upper channel resistance near $104-106 as key upside hurdle.
## Technical Indicators Support $105 Target
RSI climbs to 61 above signal line near 52, indicating buyer momentum with room for further upside.
## Key takeaway

WTI crude oil price rebounds above $93.39 point of control, indicating potential $105 target based on technical analysis.