⚡️ $CLO at ATH: Is the market preparing for a momentum?

On the 1H timeframe, $CLO maintains an upward trend.

The price has closely approached the key resistance of 0.8479 — this is a historical maximum.

What is important:

— accumulation of shorts below the level

— possible stop-loss hunting

— increase in volatility upon breakout

Scenario:

Consolidation → upward momentum.

We are watching the price reaction.