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Wait, did everyone just miss that massive volume spike on $CLO ?
Looking at the 1H chart, we just ripped through that consolidation zone near 0.45 like it wasn't even there. We've hit a local high of 0.5785 and now the price is just hovering.
The big question is whether this is a breather before the next leg up or if the steam is running out. We're seeing some red candles now, but they look pretty weak compared to that vertical move we just had.
I’m watching the 0.52 area closely for a retest. If it holds there, we might see another push toward 0.60. If it breaks, I'm waiting for a better entry lower down.
What are you guys doing? Chasing this or waiting for the dip?
#My2026FirstPost