$CLO Continue to look bearish. The market has been drifting down the entire time— the bears have completely taken control of the pace. I think it’s very likely that the price will retest the previous low next.

For entry, you can watch the 0.1853 to 0.1899 range. If it moves lower, look at 0.17699 and 0.16850. Put resistance/defense at 0.19750.

But keep an eye on the risks: if volume fades, the support at 0.1805 may see a rebound. Also, $AKE can take the chance to look for opportunities on the way down.

Never go all-in—control your position size according to your own account, and mind the risks.