$CLO
General Trend
The trend is clearly downward
Breaking previous peaks and failing to stabilize after the rebound
Current price: 0.1805
---
📊 Indicators
🔸 EMA
EMA 9 = 0.2528
EMA 21 = 0.2886
The price is below the averages → Strong selling pressure
The averages are sloping down = Continuation of the decline
🔸 RSI (6)
RSI = 18 🔴
Very strong selling saturation
But: saturation does not mean an immediate reversal (very important)
🔸 MACD
Clearly negative
The red bars are increasing → Selling momentum continues
---
🧱 Supports and Resistances
🟢 Support
0.1500 Major support (previous bottom)
In case of a break:
👉 0.115 – 0.120 Very dangerous area
🔴 Resistance
0.205 – 0.215
Stronger resistance: 0.25
---
🎯 Possible Scenarios
✅ Most likely scenario (stronger)
Continuation of the decline
As long as the price is below 0.205
Target:
🎯 0.15
Then 0.12 if panic increases
⚠️ Temporary rebound scenario
Due to very saturated RSI
Only a corrective rebound (not a change in direction)
Maximum expected rebound:
0.20 – 0.215
Then likely continuation of the decline
---
📝 Conclusion
❌ Not suitable for buying now
✅ Suitable for short trading or waiting
Any purchase now = very high risk
Best:
Wait for confirmation of a real rebound
Or break 0.15 then monitor the behavior
