$CLO rebound is losing momentum — and sellers remain active overhead.

🔴SHORT #CLO

Entry: 0.625 – 0.635

Stop Loss: 0.66

TP: 0.59 / 0.55

The recent push higher is unfolding on thinning participation, resembling short-covering rather than genuine demand. Price is compressing beneath a well-defined supply shelf, with upside attempts failing to generate follow-through. Structurally, the market continues to print lower highs, reinforcing the broader downside bias.

Until $CLO can reclaim and hold above this zone, the path of least resistance remains lower. The bounce provided relief — not a change in structure.

Trade $CLO here 👇

CLOUSDT

Διην.

0.6062

-0.26%