Be careful with $CLO /USDT because it has just made a jump of almost 30% and is moving above 0.109.
Looking at the chart, something key is happening: even though we had that strong rebound from 0.08, the overall trend on the 4-hour timeframe is still bearish in the background, and the indicators are already up, showing overbought conditions. This is a warning that the price could pause at any moment to catch its breath.
Key levels to watch:
— First line of defense: The zone between 0.109 and 0.106, where it’s trying to hold the current pulse.
— Support lower down: If the momentum fades and the price corrects with more force, the order book blocks point directly to 0.100 and 0.096 as the important floors to watch.
Patience pays more than rushing in moves that are this vertical. What do you think about this outlook? Do you jump in, or do you prefer to wait for the pullback?
#AnalisisTecnico
TAP HERE ⬇️⬇️
Looking at the chart, something key is happening: even though we had that strong rebound from 0.08, the overall trend on the 4-hour timeframe is still bearish in the background, and the indicators are already up, showing overbought conditions. This is a warning that the price could pause at any moment to catch its breath.
Key levels to watch:
— First line of defense: The zone between 0.109 and 0.106, where it’s trying to hold the current pulse.
— Support lower down: If the momentum fades and the price corrects with more force, the order book blocks point directly to 0.100 and 0.096 as the important floors to watch.
Patience pays more than rushing in moves that are this vertical. What do you think about this outlook? Do you jump in, or do you prefer to wait for the pullback?
#AnalisisTecnico
TAP HERE ⬇️⬇️
