$CLO is showing a strong bearish momentum, currently trading at 0.4112 after a sharp decline. Price is trading below key moving averages, indicating continued selling pressure.
Entry Zone:
0.4100 – 0.4150
Targets:
TP1: 0.4000
TP2: 0.3900
TP3: 0.3800
Stop-Loss:
0.4350
Price is trading below MA(7), MA(25), and near MA(99), showing strong downward trend. KDJ is slightly overextended, so minor relief bounces are possible, but bearish continuation likely in the short term.
