{
  "id": 9292462,
  "title": "Brent Oil breaks $104 support, eyes $97.36: Live levels",
  "url": "https://urgent.news/2026/09/23/brent-oil-breaks-104-support-eyes-97-36-live-levels",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T07:11:20.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/commodities-news/brent-oil-battles-10176-support-as-bearish-signals-build-live-93CH-4908348"
  },
  "original_language": "en",
  "account": "Brent Oil has broken above the $104.00 support level on the 5-hour chart, signaling the start of a bearish trend. The next crucial barrier is the $97.36 mark; a breakout below this point could trigger a significant decline. Currently trading at $98.71, the oil price has entered a bearish pattern after its firm breakdown from the $104.00 level. The imminent challenge lies in maintaining prices above $97.36; if this threshold is breached, further downward movement could ensue. However, trading activity is intensifying, and selling pressure is weakening. Despite the overall downward bias, momentum is not collapsing. The Relative Strength Index (RSI) has dropped to 37.75, suggesting the market is nearing oversold territory. A doji candlestick pattern recently appeared, indicating a period of uncertainty among traders. The Moving Average Convergence Divergence (MACD) indicator remains negative, affirming that bears still hold power, but decreasing trading volume hints at diminishing conviction in this downtrend. It is advisable to adjust position sizes to prepare for potential reversals. Tighter stops should be placed below the latest breakdowns or above failed rally attempts to capitalize on the prevailing trend while limiting potential losses.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Bitcoin pulls back from overbought highs at $86,388: Live levels",
        "url": "https://urgent.news/2026/09/23/bitcoin-pulls-back-from-overbought-highs-at-86-388-live-levels",
        "published": "2026-09-23T07:11:40.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}