$CLO is stabilizing after the sharp expansion from the 0.1892 reaction low and I am watching this closely because buyers stepped in aggressively and flipped the short term structure bullish. The 1h candles show a strong impulse move followed by a tight consolidation near highs which signals strength not exhaustion. Price is holding above the breakout zone and higher lows are forming after the push. If this structure holds continuation remains possible.
Here is my full setup from this chart.
Entry Point
0.2460 – 0.2320
Target Point
TP1: 0.2600
TP2: 0.2720
TP3: 0.2880
Stop Loss
0.2190
It is possible because dips toward the 0.2320 area are getting absorbed quickly and selling pressure has reduced after the impulse leg. If CLO stays above support the move toward 0.2600 becomes the natural first step before momentum attempts further continuation.
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CLOUSDT
دائم
0.5131
-2.95%