$CLO SHORT SETUP
BOOOOOOM! $CLO is showing a clear bearish structure on the 4H chart. After getting rejected from the $0.18–$0.19 area, price has continued making lower highs and lower lows.
Short Entry: $0.0800 – $0.0840
Add on Bounce: $0.0870 – $0.0920
Aggressive Entry: $0.0950 – $0.1000
Targets:
TP1: $0.0750
TP2: $0.0700
TP3: $0.0650
TP4: $0.0600
TP5: $0.0550
Stop Loss: $0.1030
As long as #CLO remains below the $0.095–$0.100 resistance zone, the bearish setup remains valid. Don’t chase the dump; wait for a bounce/rejection and manage leverage carefully.
Let the chart speak.
DYOR | NFA | Manage Risk
$CLO
BOOOOOOM! $CLO is showing a clear bearish structure on the 4H chart. After getting rejected from the $0.18–$0.19 area, price has continued making lower highs and lower lows.
Short Entry: $0.0800 – $0.0840
Add on Bounce: $0.0870 – $0.0920
Aggressive Entry: $0.0950 – $0.1000
Targets:
TP1: $0.0750
TP2: $0.0700
TP3: $0.0650
TP4: $0.0600
TP5: $0.0550
Stop Loss: $0.1030
As long as #CLO remains below the $0.095–$0.100 resistance zone, the bearish setup remains valid. Don’t chase the dump; wait for a bounce/rejection and manage leverage carefully.
Let the chart speak.
DYOR | NFA | Manage Risk
$CLO
