$CLO /USDT Perp – Technical Analysis

Current Price: $0.7925 (Mark Price: $0.7932)

24h Change: +29.85%

24h High / Low: 0.7986 / 0.5810

24h Volume: 302.30M CLO / 195.02M USDT

Market Structure

Trend: Strong bullish momentum. Price surged nearly 30% in 24h, breaking previous resistance around $0.75.

Support: Immediate support at $0.750 – $0.760 zone, previous resistance turned support.

Resistance: Key resistance at $0.7986 (24h high). Next psychological resistance at $0.82 – $0.83.

Technical Indicators

Short-term (15m–1h): Overbought conditions likely; caution for pullbacks.

Mid-term (4h): Price trending above EMA50 and EMA200 – confirming bullish trend.

Momentum: Strong upward pressure; RSI likely above 70, indicating overextension.