$CLO — Short Setup (watch for exhaustion) ⚠️
🔴 SHORT
Timeframe: 1H
Entry Zone:
$0.150 – $0.154 (enter after a clear rejection or bearish confirmation inside this band)
🎯 TP1: $0.138
🎯 TP2: $0.127
🎯 TP3: $0.115
🛑 SL: $0.156
Why this setup?
Price has surged into the $0.150–$0.155 area with big green candles and volume spike, but upside is showing signs of stalling — a failed extension here often leads to a pullback as sellers step in.
Debate:
Will sellers force a retrace from the recent highs, or will buyers power through and invalidate the short? 👀
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