$CLO Round 1 Secured. Round 2 Short Is Live. The Breakdown Is Here. 📉 Don't miss second one
Family. Look at this 1-hour chart. The pump is officially dead.
We already made healthy profits on Round 1 when it rejected the highs, and now we are going back for more. $CLO had a massive run up to $0.060, but it got violently rejected and has been bleeding out ever since. We are currently sitting at $0.050, and the structure has completely collapsed. The buyers are trapped at the top, and the sellers are in full control.
Why I'm shorting Round 2
The momentum is accelerating to the downside. Every bounce is getting slapped down instantly. The trend has flipped, and the path of least resistance is straight down.
The Round 2 Short Setup
· Entry: $0.0500–$0.0510 (CMP)
· Target 1: $0.0480
· Target 2: $0.0460
· Target 3: $0.0430 (The recent base)
· Target 4: $0.0400
· Stop Loss: $0.0535 (Strictly above the recent lower high)
You missed the first leg? Don't panic. The dump isn't over. The chart is clean, the risk is defined, and the next leg down is loading.
I'm short. The family is short. Are you getting in for Round 2?
Family moves together. Let's eat.
NFA DYOR
Trade here 👉🏻 $CLO
Family. Look at this 1-hour chart. The pump is officially dead.
We already made healthy profits on Round 1 when it rejected the highs, and now we are going back for more. $CLO had a massive run up to $0.060, but it got violently rejected and has been bleeding out ever since. We are currently sitting at $0.050, and the structure has completely collapsed. The buyers are trapped at the top, and the sellers are in full control.
Why I'm shorting Round 2
The momentum is accelerating to the downside. Every bounce is getting slapped down instantly. The trend has flipped, and the path of least resistance is straight down.
The Round 2 Short Setup
· Entry: $0.0500–$0.0510 (CMP)
· Target 1: $0.0480
· Target 2: $0.0460
· Target 3: $0.0430 (The recent base)
· Target 4: $0.0400
· Stop Loss: $0.0535 (Strictly above the recent lower high)
You missed the first leg? Don't panic. The dump isn't over. The chart is clean, the risk is defined, and the next leg down is loading.
I'm short. The family is short. Are you getting in for Round 2?
Family moves together. Let's eat.
NFA DYOR
Trade here 👉🏻 $CLO
