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WTI crude oil tests key support near $93 amid risk of deeper decline below $90.

Technical Signals
22 Sep 2026
FXEmpire
View Source
Bearish
WTI crude oil tests key support near $93 amid risk of deeper decline below $90.

WTI crude oil prices fell to a new low of $92.87, testing a critical support zone between $93.59 and $94.74. This area includes the 20-day moving average and a 50% retracement level from the prior advance. If this support breaks, the next target is the 61.8% Fibonacci retracement at $90.47, signaling potential for further losses. However, if prices hold and rally above $101.15, it could confirm bullish momentum and end the current retracement. Technical signals suggest a possible second leg down after a bounce, but a sustained recovery above key levels may shift the trend positive.

WTI crude oil prices are testing key support levels as of Sep 23, 2026 03:01 WIB. For readers following US stocks on Pluang, here is the market snapshot: out of 150 priced stocks, 78 rose and 69 fell today. Notable movers include Micron Technology (MU) at USD 1,091.65 with a 1-day change of +4.57% and Pluang order activity showing 59% Sell / 41% Buy, Pinterest Inc (PINS) at USD 18.47 down 4.55%, and Adobe Systems (ADBE) at USD 238.71 down 4.33% but with strong buy activity at 79%. The most notable figure is MU's price at USD 1,091.65.

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