$CLO 5 minutes +3.43%, current price 0.0375. If you're itching to chase, first consider these three questions:
① The 24h high of 0.03931 hasn't been broken yet—is the risk-reward worth it?
② It's still down 3.15% over 24h. Have you figured out whether this is a rebound or a trend?
③ Do you have an exit plan?
Only make a move once you have answers to all three. If you haven't thought it through, it may be better to wait a little longer.
① The 24h high of 0.03931 hasn't been broken yet—is the risk-reward worth it?
② It's still down 3.15% over 24h. Have you figured out whether this is a rebound or a trend?
③ Do you have an exit plan?
Only make a move once you have answers to all three. If you haven't thought it through, it may be better to wait a little longer.
