$CLO has plummeted to $0.070750. Will this dip get bought up or are we heading lower?
I just took a hard hit on CLO — the coin lost over 13% of its value in just a few minutes.
The squeeze was clean and aggressive, sell volumes shot up instantly.
Locally, the asset looks heavily oversold, but jumping into the order book against such pressure is a questionable move.
How do you handle these sharp dips? Do you place bids way below or wait for a full structure reversal on the hourly chart?
#CLO #CryptoCommunity
I just took a hard hit on CLO — the coin lost over 13% of its value in just a few minutes.
The squeeze was clean and aggressive, sell volumes shot up instantly.
Locally, the asset looks heavily oversold, but jumping into the order book against such pressure is a questionable move.
How do you handle these sharp dips? Do you place bids way below or wait for a full structure reversal on the hourly chart?
#CLO #CryptoCommunity