$CLO reached the historic low; its tail is average.
If you maintain this area and rise above 0.063–0.064, the rebound will develop, and we may see a recovery to 0.67 and higher peaks.
But if it falls back below 0.058 and then breaks 0.054, it could reach the bottom again, and the decline will continue—meaning the overall trend is still bearish. However, entering a rebound from a very low area may be an opportunity with strong risk management.
Last low: 0.05102
Price: 0.0603
MA7: 0.06787
MA25: 0.09951
MA99: 0.13623
What do you think? Share with us ✅️
If you maintain this area and rise above 0.063–0.064, the rebound will develop, and we may see a recovery to 0.67 and higher peaks.
But if it falls back below 0.058 and then breaks 0.054, it could reach the bottom again, and the decline will continue—meaning the overall trend is still bearish. However, entering a rebound from a very low area may be an opportunity with strong risk management.
Last low: 0.05102
Price: 0.0603
MA7: 0.06787
MA25: 0.09951
MA99: 0.13623
What do you think? Share with us ✅️
