$CLO /USDT LONG TRADE SETUP
$CLO is currently trading at 0.0969, showing signs of a potential reversal after testing a deep 24
CLO
Alpha
0.095072
-9.56%
h low of 0.0945. While the price is down -28.59% over the last 24 hours, the 15m chart indicates it is reaching an oversold territory where a "mean-reversion" bounce is often expected. Recent structure shows a decrease in selling pressure near these lows, suggesting that a short-term relief rally could be in play.
Target Points
TP1: 0.1030
TP2: 0.1080
TP3: 0.1150
Stop Loss
Set stop loss below 0.0920 to manage risk in case of further breakdown below the current support.
Buy and Trade here on $CLO