$CLO USDT perpetual contract is demonstrating a powerful bullish market structure, recording a 29.94% increase over the last 24 hours. Looking closely at the name Yei Finance, the asset successfully established a solid higher low during its previous correction before initiating a massive vertical breakout on the 1-hour chart. The price aggressively pushed from the 0.1900 consolidation zone to hit a 24-hour high of 0.25382.
The market is currently flag-forming and consolidating just below that local peak, signaling that buyers are actively absorbing the selling pressure to prepare for the next leg up. If $CLO breaks out of this tight consolidation and forces its way past 0.25382, it will trigger an immediate continuation toward higher price levels.
CLOUSDT
Trajne ter. pog.
0.16853
+12.78%
Target 1: 0.25350
Target 2: 0.28500
Target 3: 0.32000