$CLO keeps getting sold on strength — this bounce looks like a trap.

SHORT $CLO

Entry: 0.73 – 0.76

SL: 0.79

TP1: 0.70

TP2: 0.66

$CLO is pushing back into a clear supply zone after a weak rebound, with upside attempts getting absorbed quickly. Structure remains bearish, momentum on LTF is rolling over, and buyers are failing to reclaim prior breakdown levels. As long as this area caps price, continuation lower remains favored.

Trade $CLO here 👇

CLOBSC
CLOUSDT
0.8401
+12.85%