Would you trust the CLO downtrend continuation here? Here's my analysis
CONTINUATION — 📉 SHORT

Here's what the data shows:
• Price: 0.12338 (24H Range: 0.09359–0.12697)
• RSI(14): 74.1 — Overbought
• EMA20: $0.11146 | EMA50: $0.10425 ⚠️ Above EMA50
• Volume: $17.08M

📉 If yes, here's the plan:
📉 Entry: 0.12274 – 0.12398
🛑 Stop: 0.12633
🎯 TP1: 0.11556
🎯 TP2: 0.10620
🎯 TP3: 0.09955
📊 Confidence: 81%

The chart is a masterclass in distribution.
This is the kind of setup that precedes sharp long liquidation moves.

Staying short with conviction.

Low Risk Entry 👉 $CLO 👈 Right Here

#CLO