🚀 LONG Signal
$CLO
Just opened a small position on $CLO after watching this steady climb. Here's my analysis:
The Setup:
Price has been consistently trading above all major moving averages, currently sitting at 0.07176. MA7 just crossed above MA25, and volume is starting to pick up usually a sign momentum is building.
Why I'm bullish:
· Trading above all major MAs (MA7, MA25, MA99)
· MA7 at 0.07128 acting as strong support
· Higher lows forming on 1h chart
· MA99 at 0.06983 providing solid foundation
My plan:
🎯 Targets:
0.07196
0.07288
0.07400 (next resistance zone)
🛑 Stop Loss: 0.07077
Anyone else watching this momentum play?
Drop your charts and thoughts below 👇
#CLO #Crypto #Trading #CryptoAnalysis $CLO