USOIL bouncing from 28.10 support after inventory draw

Interesting to see $OIL reacting today. We've had a decent bounce off the 28.10 level, which held up nicely after the inventory numbers hit. It's not a dramatic move, but enough to warrant attention. The high for the day touched 28.4498 and we're currently hovering around 28.42. I'm looking at this as a potential retest of the lower range, with a failure to hold 28.10 as my primary invalidation. If that level breaks, we're likely heading lower to test prior support levels.

For now, it looks like some buyers are stepping in on this dip, but the broader trend remains a question mark. I'm not calling for a new bull run by any means, just observing the reaction at a key psychological and technical level. Always pays to watch the market's response to news, rather than just the news itself, doesn't it?