$CLO is at a decision point where the 4h structure either holds or flips.

$CLO - SHORT

Trade Plan:

Entry: 0.08751 – 0.08881

SL: 0.09206

TP1: 0.08427

TP2: 0.08297

TP3: 0.08037

Why this setup?

Daily bias is range, but the 1h ATR is compressed at 0.00260, coiled for a move. RSI is neutral, making rallies into the 0.08881 zone sellable. The real trap is a break above 0.08958, which would invalidate the short setup and likely trigger a squeeze. Volume is decent, so the next directional push should stick.

Debate:

Does it reject from the 0.08881 supply, or does it run the stops above 0.09206 first?

Trade here 👇