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【$CLO Signal】Bearish | Weak consolidation after volume breakout
$CLO After experiencing a -16.6% volume-driven decline, the price is consolidating weakly at a low level. Combining high open interest with the decline magnitude, market logic suggests the possibility of long liquidation or main force distribution, and no effective buying absorption signals have appeared in the current market.
🎯 Direction: Short (Short)
🎯 Entry: 0.328 - 0.332
🛑 Stop Loss: 0.345 (Rigid Stop Loss)
🚀 Target 1: 0.300
🚀 Target 2: 0.275
Price action indicates a clear continuation of the downtrend. The slight consolidation after volume-driven decline is usually a healthy reset of bearish momentum, not a bottom reversal. In a high open interest environment, if the price cannot quickly recover lost ground, selling pressure may persist. The key logic is the lack of rebound after the decline, which is a typical feature of a weak market. Small losses, big gains — we profit from probabilities.
Trading 👇 $CLO
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