has been under pressure after that strong rejection from the $0.15 area. Right now, price is trying to recover slowly near $0.11, but the market still looks a bit cautious.
What I’m noticing is that buyers are finally showing some reaction after the dip to $0.102. If momentum continues, $CLO could try to reclaim higher levels again. But overall, this still feels like a “wait for confirmation” setup instead of rushing into trades.
Sometimes the market rewards patience more than emotions 📉➡️📈
Do you think $CLO can bounce back from here or is more downside coming? 👀