$CLO Market Pulse | Short Squeeze in Action!
A massive short liquidation worth $2,010.9K just hit the books at $0.43061, shaking up the market for CLO. The sudden liquidation has triggered strong bullish energy, with traders eyeing whether this could be the start of a new upward leg.
Technical Breakdown
• Current Price Zone: Around $0.43
• Immediate Support: $0.39 — a critical zone where buyers have shown strong defense
• Secondary Support: $0.36 — next safety net if the market dips
• Resistance Levels: $0.46 (short-term), followed by $0.50 — a breakout above here could ignite a rally toward $0.55
Market Insight
This liquidation event signals that short traders got caught off guard — a classic early sign of a potential short squeeze. Momentum is turning in favor of the bulls, but volume confirmation will be key to sustain any breakout.
If CLO maintains above $0.42, the path toward $0.48 opens up. However, slipping below $0.39 could invite renewed selling pressure.
Trading Playbook
Strategy Entry Range Target Zone Stop-Loss Bias
Buy (Swing) $0.41 – $0.43 $0.48 – $0.50 Below $0.38 Bullish
Sell (Short-Term) $0.49 – $0.50 $0.44 – $0.42 Above $0.52 Cautious
Next Move Suggestion
If momentum holds, CLO could retest $0.50 in the near term. Watch for a clean breakout above $0.46 with strong volume — that’s your green light.
For conservative traders, wait for a pullback to $0.40–$0.41 to re-enter long positions.
In short — the market’s flashing opportunity, but precision is key. A squeeze might just be underway.
Let,s go and trade now $CLO