🚀 $CLO Showing Signs of Life — Is the Reversal Starting?
After finding a local bottom around $0.1007, $CLO (Yei Finance) has staged an impressive recovery, climbing over 49% from the lows and reclaiming key moving averages. 📈
🔍 What the chart shows: ✅ Strong bounce from support near $0.10
✅ Price reclaimed the EMA(7), EMA(25) and EMA(99)
✅ Bullish momentum returning after days of consolidation
✅ Higher lows forming on the 4H timeframe
✅ Market Cap still under $20M
📊 Levels to watch: 🟢 Support: $0.13 - $0.14
🟡 Resistance: $0.17 - $0.20
🔴 Major breakout zone: Above $0.20
🌐 Yei Finance continues building its cross-chain liquidity infrastructure while the market begins rediscovering low-cap DeFi opportunities.
The big question:
Was $0.10 the capitulation bottom, or is this just a relief rally before another test?
With momentum improving and buyers stepping back in, the next few 4H candles could be critical.
⚠️ Not financial advice. Always DYOR.