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$CLO $CLOUSDT (1h) - Bearish Continuation Short
Bias: Short
Entry (Zone): 0.1098 - 0.1104
Targets:
TP1: 0.1078
TP2: 0.1063
TP3: 0.1042
Stop Loss: 0.1131
Why this Setup:
I’m leaning short because price is still trending lower after a sharp breakdown, and the current base looks like a weak pause rather than a real reversal. I want a small bounce into resistance for entry, then I’ll look for continuation toward the prior swing lows.