$CLO is picking up positive traction following a steady recovery from its base.
Entry: 0.0690 – 0.0718
TPs: 0.0760 | 0.0810 | 0.0870
SL: Below 0.0650
Why Long?
Price is working its way upward after successfully holding the 0.06871 support floor, currently changing hands at 0.07170. Looking at the hourly indicators, the MACD has crossed bullishly into positive green territory with growing momentum bars, while the RSI sits at a healthy 59.8, indicating that buying interest is building up for an extended push toward the 0.08700 resistance mark.
Entry: 0.0690 – 0.0718
TPs: 0.0760 | 0.0810 | 0.0870
SL: Below 0.0650
Why Long?
Price is working its way upward after successfully holding the 0.06871 support floor, currently changing hands at 0.07170. Looking at the hourly indicators, the MACD has crossed bullishly into positive green territory with growing momentum bars, while the RSI sits at a healthy 59.8, indicating that buying interest is building up for an extended push toward the 0.08700 resistance mark.
