šŸš€ CLOUSDT Starts Showing Momentum!

CLO today broke the previous price structure and continues to move in a bearish trend → however, this actually opens up a significant short opportunity.

Some important points:

šŸ”¹ Downtrend is still dominant, MA 7–25–99 all pointing downwards

šŸ”¹ Price briefly touched the area 0.1982, making it a minor support currently being tested

šŸ”¹ Volatility has increased → suitable for scalping & short swing

šŸ”¹ With the right leverage, CLO can provide significant profit in small movements

As long as the price has not reclaimed above MA 25 in the area of 0.20+, the short-term trend remains at risk of continuing downward.

Strategy:

Stay disciplined with TP/SL, follow the trend flow, do not go against the market direction.

$CLO

#Clo #bearishmomentum