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The recent $CLO move swept liquidity below the local lows, with buyers stepping in around the $0.196–0.200 demand zone. Price is stabilizing, but the structure remains neutral until key resistance is reclaimed.
I’m watching $0.220–0.230. A clean break and hold above this range would favor the bulls and could trigger further upside.
As long as support holds, the recovery remains intact. Lose it, and a retest of the recent lows becomes likely.
For now, I’m waiting for confirmation rather than anticipating the next move.
#PreIPOsSeason2OpenAISubscription