CLO/USDT (Yei Finance) Analysis | 10/2/2026
Market Summary
CLO/USDT (Yei Finance) remains under intense selling pressure, trading in a precarious zone. The token continues its deep downtrend, struggling to find stable footing after severe losses over the past week and month. The overall market sentiment is one of extreme fear and capitulation, with any minor rally being aggressively sold into.
Chart Outlook & Key Levels 📉
The daily chart structure is firmly bearish, with price compressing near recent lows.
· Immediate Support: $0.0560 (Critical line in the sand).
· Immediate Resistance: $0.0620 (Recent swing high and local barrier).
· Major Resistance: $0.0650 (Must be reclaimed for any bullish structure change).
· RSI (14): Still hovering in oversold territory (near 30), indicating persistent selling but also potential for a technical bounce.
· Pattern: Price appears to be forming a potential falling wedge or bear flag on lower timeframes, which typically resolves with continued downside unless broken upwards.
Trade Plan ⚡
· Primary Bias: Bearish. The trend is your friend until proven otherwise.
· Breakdown Short: A decisive 4-hour close below $0.0555** confirms weakness. Target extension toward **$0.0500 and potentially lower. SL: Above $0.0585.
· Counter-Trend Long (High Risk): ONLY for aggressive traders on a clear bullish reversal candle (like a hammer) at or above $0.0560**, targeting a swift move to **$0.0620. SL: Must be tight, below $0.0550.
· Risk Management: Position size must be tiny. This is a high-volatility, high-risk asset. Do not chase moves.
Conclusion
All eyes are on the $0.0560 - $0.0555 support cluster. A break lower likely accelerates the downtrend. Wait for the market to show its hand before committing capital. 🎯
