$CLO Want to catch a rebound. Around 0.204–0.209, it should be bottoming out and oversold—I'll take a chance on the pullback for a technical bounce. Upside targets are 0.222 to 0.2343; if it breaks below 0.1938, I'll admit I'm wrong and exit.



In plain terms, this is contrarian short-term trading, but the bigger picture is still bearish—don’t treat it as a trend trade. Keep your position light; don’t go all in. Risk is 7/10—judge for yourself. $BTC
CLO-20.56%
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