$CLO Resistance Rejection — Scalp Short Opportunity.
Short $CLO
Entry: $0.296 – $0.300
SL: $0.308
TP1: $0.286
TP2: $0.276
TP3: $0.264
TP4: $0.252
TP5: $0.240
Price is testing a key resistance area with sellers actively defending the current range. Momentum is showing signs of exhaustion on lower timeframes, creating a favorable scalp setup for a continuation move toward nearby support levels. A strong rejection from resistance could trigger downside expansion toward the outlined targets. As long as $0.308 holds, bearish continuation remains the higher-probability path.
Click below to Take Trade 👇
Short $CLO
Entry: $0.296 – $0.300
SL: $0.308
TP1: $0.286
TP2: $0.276
TP3: $0.264
TP4: $0.252
TP5: $0.240
Price is testing a key resistance area with sellers actively defending the current range. Momentum is showing signs of exhaustion on lower timeframes, creating a favorable scalp setup for a continuation move toward nearby support levels. A strong rejection from resistance could trigger downside expansion toward the outlined targets. As long as $0.308 holds, bearish continuation remains the higher-probability path.
Click below to Take Trade 👇