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$CLO Showing signs of weakness in the rally, buyers are stepping back at higher levels.
Short $CLO immediately
Entry: 0.0885 – 0.0895
Stop Loss: 0.0915
First Target: 0.0820
Second Target: 0.0710
Third Target: 0.0650
Although the macro trend remains bullish, the price is struggling to break through the key resistance zone, indicating that upward momentum is waning. The clearest signal is that trading volume has not effectively increased, suggesting that buying power at high levels is already depleting. Bulls appear hesitant around 0.090, and this stagnation is often exploited by sellers to push the price down, seeking liquidity at key support levels below.
Trade $CLO here 👇