$CLO Losing Momentum ... Short Opportunity Ahead
CLOUSDT faced a strong rejection near the $0.3040 resistance zone and is now showing signs of weakness after the rally.
Trade Setup • Entry: $0.2700 – $0.2750
• Stop Loss: $0.3050
• Target 1: $0.2600
• Target 2: $0.2550
• Final Target: $0.2500
Analysis
After a powerful bullish move, sellers stepped in aggressively around the top. The rejection from the $0.30 area suggests profit-taking and a possible short-term correction.
Click below to Take Trade
CLOUSDT faced a strong rejection near the $0.3040 resistance zone and is now showing signs of weakness after the rally.
Trade Setup • Entry: $0.2700 – $0.2750
• Stop Loss: $0.3050
• Target 1: $0.2600
• Target 2: $0.2550
• Final Target: $0.2500
Analysis
After a powerful bullish move, sellers stepped in aggressively around the top. The rejection from the $0.30 area suggests profit-taking and a possible short-term correction.
Click below to Take Trade