The (crude oil) price rose in its last intraday trading, affected by the stability of the key support at $60.00, providing positive momentum that assisted it to rise, attempting to offload its clear oversold conditions on the (RSI), especially with the emergence of the positive signals.

This comes amid the continuation of the negative pressure from its trading below the EMA50, and under the dominance of the bearish trend on the short-term basis and its trading alongside a bias line.

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