$CLO at a Critical Junction: Is the Bottom In?
The market is testing the nerves of $CLO (Yei Finance) holders today. After a sharp pullback, we are sitting directly on the $0.092 major support level.
Trade Setup:
📍 Entry: $0.094
🎯 Targets: $0.115 | $0.144 | $0.200
🛑 Stop: $0.089 (Risk Management is priority 1)
Why I’m watching this closely:
Whale Activity: My analysis shows the order book is leaning 53.9% Long. While the price is red, the "Smart Money" is building positions in this liquidity zone.
Oversold Bounce: On the 1H and 4H timeframes, we are extremely oversold. A relief rally back toward the $0.14 level would represent a +45% move from here.
The Setup: I am entering a speculative long at current levels with a tight stop-loss below the recent wick.
The Big Debate: Is this a "Dead Cat Bounce" or the perfect entry before the next leg up for AI and DeFi?
👇 Comment your price prediction below! Are you Buying the Dip or waiting for lower?
