Oil prices are trading sideways today around the pivotal level of 57.70, reflecting market hesitation.
If bearish momentum resumes, prices may decline toward 55.60, followed by 54.90.
In the alternative scenario, a bullish reversal could push prices higher toward 59.00, with further gains extending to 59.40.
Stability above 57.70 would support a positive outlook and increase the chances of reaching 59.00.
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KU 