$CLO is showing signs of recovery after defending a key demand zone, with buyers stepping back in and pushing price higher.

The recent bounce suggests bullish momentum is gradually returning.

If this momentum continues, the next objective is a move toward the higher resistance region, where sellers previously regained control. As long as the current support holds, the chart still favors further upside.

The coming sessions will be crucial. A strong push above nearby resistance could confirm the continuation of the recovery and open the door for a larger bullish move. #CLO #DeFi #Bullish #Macro Insights#