$CLO printed a huge impulse candle and is now moving sideways in a tight band. This is not distribution, this is controlled consolidation. EMA20 is acting as dynamic support and buyers keep stepping in on dips.

EP: $0.245 – $0.252

TP1: $0.267

TP2: $0.285

TP3: $0.305

SL: $0.232

The longer $CLO holds above $0.24, the stronger the next breakout becomes. Market mood is quietly bullish here. End of $CLO

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