$CLO Attempt to hold together and form a support base at current levels after a sharp drop to reduce selling pressure.
Entry zone: 0.15071 - 0.14400
Target 1: 0.16200
Target 2: 0.17500
Target 3: 0.19500
Stop loss: 0.1300
Technical analysis: The RSI(6) indicator is moving around 36.30, stable near oversold zones, along with the OBV line consolidating and the start of a positive curvature to reduce the negative momentum on the MACD (Moving Average Convergence Divergence).
Trade here $CLO
#Binance #CLO #long
Entry zone: 0.15071 - 0.14400
Target 1: 0.16200
Target 2: 0.17500
Target 3: 0.19500
Stop loss: 0.1300
Technical analysis: The RSI(6) indicator is moving around 36.30, stable near oversold zones, along with the OBV line consolidating and the start of a positive curvature to reduce the negative momentum on the MACD (Moving Average Convergence Divergence).
Trade here $CLO
#Binance #CLO #long