OPENED SHORT 👇👇👇
$CLO (TP 0.1900)
CLO has rallied sharply from its recent lows and is now trading just below the 0.230 resistance zone.The recent rejection suggests buyers are losing momentum after the recovery.Entering new longs at current levels offers a weaker risk to reward profile, while a short term pullback becomes more likely if resistance continues to hold..
$CLO (TP 0.1900)
CLO has rallied sharply from its recent lows and is now trading just below the 0.230 resistance zone.The recent rejection suggests buyers are losing momentum after the recovery.Entering new longs at current levels offers a weaker risk to reward profile, while a short term pullback becomes more likely if resistance continues to hold..