Outlook for $USO After Short-Term Rebound

I'm closely watching $USO lately, after its rebound from the 117.465 area, which seems to be a key short-term support. If we can maintain this momentum and hold strongly above 119.90, I think there's a chance we'll see a test of the next resistance. However, what's concerning is if the price fails to hold above 119.9 and drops back below 117.465 again. That would be a signal to completely re-evaluate this short-term rebound outlook. I haven't entered a trade yet, but I'm monitoring to see if the price can form a clearer structure in the next day or two.