Crude oil prices have maintained consecutive gains in recent intraday trading, attempting to break above the key psychological resistance level at $100.00, which we previously identified as a potential price target.

This performance is supported by dynamic momentum, as the price is trading above EMA50, besides the dominance of the main short-term uptrend. The price is also moving along a trendline that supports this bullish path. On the other hand, we notice emerging negative signals from the relative strength indicators after reaching high overbought levels, which may limit the continuation of positive momentum and cap further gains in the near term.