$CLO is pushing straight into a major resistance zone. 👀
Price has reclaimed the MA(99) and is now approaching the previous rejection area around $0.130–$0.152. After this sharp move, a rejection here could trigger a pullback.
Short setup.
Entry: $0.127 - $0.132
TP: $0.118 - $0.108 - $0.098 - $0.092
SL: $0.137
Trade here 👈$CLO
Price has reclaimed the MA(99) and is now approaching the previous rejection area around $0.130–$0.152. After this sharp move, a rejection here could trigger a pullback.
Short setup.
Entry: $0.127 - $0.132
TP: $0.118 - $0.108 - $0.098 - $0.092
SL: $0.137
Trade here 👈$CLO
