$CLO (Yei Finance) Performance Update 📈🔥
CLO is showing impressive strength, currently trading around $0.698, marking a solid +30% move in the short term. Price surged sharply from the $0.50 region and recently topped near $0.75, confirming strong bullish momentum.
Key observations from the chart: • Strong breakout followed by healthy consolidation
• Price remains well above MA(25) and MA(99), keeping the trend bullish
• Volume expanded during the rally, indicating genuine buying interest
On-chain metrics also support confidence:
• Market cap ~$90M
• 35K+ holders
• Liquidity holding strong at $2.45M
The $0.65–$0.70 zone now acts as a crucial support range. As long as this level holds, CLO may attempt another push toward previous highs. A breakdown below could lead to short-term cooling, not trend reversal.
Momentum is clearly in favor of bulls, but patience and risk management remain essential.