#CLO Is Showing Strong Bearish Pressure After Breakdown
– SHORT
Trade Plan
Entry: 0.09450 – 0.09600
SL: 0.09950
TP1: 0.09200
TP2: 0.08900
TP3: 0.08500
Technical Analysis:
CLO is losing support after a continuous downtrend and has broken below the recent consolidation zone. Price is trading under MA(7), MA(25), and MA(99), showing sellers are dominating. A weak bounce toward resistance can provide another short opportunity for continuation toward lower levels.
Here sell and trade $CLO
$TUT $SKYAI
– SHORT
Trade Plan
Entry: 0.09450 – 0.09600
SL: 0.09950
TP1: 0.09200
TP2: 0.08900
TP3: 0.08500
Technical Analysis:
CLO is losing support after a continuous downtrend and has broken below the recent consolidation zone. Price is trading under MA(7), MA(25), and MA(99), showing sellers are dominating. A weak bounce toward resistance can provide another short opportunity for continuation toward lower levels.
Here sell and trade $CLO
$TUT $SKYAI
