OIL is over $100/B again.. where is it headed now?.

Crude USO just did 8.7% straight into $101 resistance, and this is where it gets interesting. Everyone’s focused on “oil up = inflation = Fed stays tight,” but momentum isn’t confirming the move. RSI is printing bearish divergence (price higher high, RSI lower high), which is usually what you see right before a move starts running out of steam.

That said, this isn’t a clean short either. There’s still a geopolitical bid under oil until April 6th, so dips could get bought fast. This level is basically the decision point: break and hold, and $120 comes into play. Reject here, and we probably get a pullback.

I’m just watching price react at this level — using stuff like BitgetCFDs and other platforms for quick execution/alerts, but this feels like one of those “don’t be early, be right” setups.

Anyone seeing what I'm seeing too? And what could you predict for the new week?.