$CLO – Resistance stall with fading momentum

Trading Plan Short $CLO (max 10x)

Entry: 0.116 – 0.124

Stop Loss: 0.130

Targets:

0.108

0.098

0.088

Price has pushed into the resistance zone but is not showing strong continuation. Momentum is weakening, with each upward move lacking follow-through.

When price stalls near resistance like this, it often signals exhaustion and increases the probability of a pullback as sellers begin to step in.

If resistance holds, downside continuation toward lower support levels is likely. A break above 0.130 would invalidate this setup.