$CLO just delivered a textbook breakout. 🚀
Price is now at $0.1142, up a massive +76%, after expanding from the $0.05 accumulation zone to a high near $0.1197 on the 4H timeframe.
This wasn’t random volatility.
This was compression → expansion.
📊 What makes this move interesting:
• Long consolidation around $0.05–$0.06
• Clean breakout with consecutive strong green candles
• Volume spike confirming aggressive buyers
• No major pullback yet momentum still intact
Market Cap: ~$14.7M
Liquidity: ~$1.2M
Holders: 35.5K+
FDV: ~$114M
For a mid-low cap token, +76% in one leg means attention is shifting fast.
🧠 My Technical Read
$CLO moved vertically which is powerful, but also unsustainable without structure.
Now the key level is around $0.10–$0.095.
If that area flips into support, continuation toward new highs above $0.12 becomes very realistic.
If it loses that zone, expect a volatility-driven retrace before the next leg.
Vertical moves create FOMO.
Sustainable trends create wealth.
🔎 What I’m Watching
• 4H candle closes above $0.12
• Volume consistency (not just one spike)
• Formation of higher lows
This is how trend reversals begin
strong impulse + controlled pullbacks.
Is $CLO starting a larger trend… or are we due for cooldown?
Drop your bias below 👇
#CLO #YeiFinance #CryptoBreakout #Altcoins #TradingView