⚠️ CLOUSDT 2H Spike Rejection Analysis
CLOUSDT faced a sharp rejection after reaching the $0.15232 chart high and dropped to the $0.11705 support area. Price is currently attempting a rebound near $0.12554, but the short-term structure will remain uncertain until it reclaims the important $0.13082 resistance level.
Long Setup: A confirmed 2H candle close above $0.13082 could continue the recovery toward $0.13600, $0.14295 and $0.15232. Stop-loss should be placed below $0.12300.
Short Setup: A confirmed 2H candle close below $0.11700 could trigger another decline toward $0.11200, $0.10655 and $0.09718. Stop-loss should be placed above $0.12250.
CLOUSDT remains highly volatile following the pump and rejection. Avoid entering between the confirmation levels and use low leverage with strict risk management.
#CLOUSDT #Clo #BinanceFutures #cryptotrading #TradingAnalysis
CLOUSDT faced a sharp rejection after reaching the $0.15232 chart high and dropped to the $0.11705 support area. Price is currently attempting a rebound near $0.12554, but the short-term structure will remain uncertain until it reclaims the important $0.13082 resistance level.
Long Setup: A confirmed 2H candle close above $0.13082 could continue the recovery toward $0.13600, $0.14295 and $0.15232. Stop-loss should be placed below $0.12300.
Short Setup: A confirmed 2H candle close below $0.11700 could trigger another decline toward $0.11200, $0.10655 and $0.09718. Stop-loss should be placed above $0.12250.
CLOUSDT remains highly volatile following the pump and rejection. Avoid entering between the confirmation levels and use low leverage with strict risk management.
#CLOUSDT #Clo #BinanceFutures #cryptotrading #TradingAnalysis