$CLO ($CLOUSDT) is trading at $0.08358, reclaiming above its upward-curving MA60 line ($0.08316) following a sell-side liquidity sweep down to $0.08286. Consecutive higher lows accompanied by low-timeframe expansion suggest smart money absorption, trapping aggressive early shorts around the $0.08300 zone. Clustered buy-stops above local swing highs ($0.08350–$0.08360) set up potential for a short squeeze toward overhead supply. A slight retest of the MA60 demand area provides a high-conviction long entry before expansion continues.
​🎯 Trade Setup
​Direction:
LONG
​Entry Zone
$0.08310 – $0.08340
​Take Profit 1
$0.08450
​Take Profit 2
$0.08600
​Take Profit 3
$0.08800
​Stop Loss
$0.08240
​Risk : Reward
1:3.1
​Trade Type
Scalp
​#Clo