$CLO $CLO Long Setup – Short Version 📈

Entry: $0.068–0.070

Targets: $0.074 | $0.078 | $0.082

SL: 4H close < $0.064

Why: $CLO is bouncing after a downtrend. Price is holding $0.068 and making higher lows on 4H, showing buyers are stepping in. Momentum looks to be shifting bullish.

Key levels: $0.074 is first resistance. Break it and $0.078, $0.082 are next. If $0.068 breaks on a 4H close, the setup fails.

Risk: ∼7% risk to $0.064 vs 18% reward to TP3. Good 1:2.6 R:R if you scale out.

Watch: Volume on the bounce and BTC direction. Low volume = weak move. Don’t chase above $0.074—wait for retest.

Keep size small. It’s a bounce trade, not a trend reversal yet.