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$CLO (1h) - Breakdown Short
Bias: Short
Entry (Zone): 0.2140 - 0.2200
Targets:
TP1: 0.2010
TP2: 0.1880
TP3: 0.1760
Stop Loss: 0.2315
Why this Setup:
I’m staying with the bearish idea because the recent bounce is losing momentum below the prior supply area, and I want to sell into resistance rather than chase weakness. The 1h structure still favors a breakdown back toward the lower range, so I’m targeting the next support shelves if price fails to reclaim 0.22.