$CLO Pumped +11% in 24h, I'm looking for a short from 0.05505
CLO pumped 42% from 0.03925 in 3 days, and the move started to run out of steam. It poked above 0.053 by just 4.9% and rolled over. 0.04685 is still sitting there as the draw. Stop 0.05915, target 0.04685. Risking 7.45% for roughly 2 times that. One setup, not a promise.
Short
Entry 0.05505 | Stop 0.05915 | Take profit 0.04685
DYOR.
Overview
Market cap: 20.8M USD (+12.4% in 24h)
24h volume: 3.67M USD
Circulating supply: 377.07M of 1.00B (38%)
Top 10 holders hold 43.3% of the supply (burn / dead wallets excluded)
#CLO #FuturesTrading #Altcoins
CLO pumped 42% from 0.03925 in 3 days, and the move started to run out of steam. It poked above 0.053 by just 4.9% and rolled over. 0.04685 is still sitting there as the draw. Stop 0.05915, target 0.04685. Risking 7.45% for roughly 2 times that. One setup, not a promise.
Short
Entry 0.05505 | Stop 0.05915 | Take profit 0.04685
DYOR.
Overview
Market cap: 20.8M USD (+12.4% in 24h)
24h volume: 3.67M USD
Circulating supply: 377.07M of 1.00B (38%)
Top 10 holders hold 43.3% of the supply (burn / dead wallets excluded)
#CLO #FuturesTrading #Altcoins