$CLO USDT (perpetual futures on Binance) shows a sharp -19.31% drop in the last 24 hours, with the price now at 0.084443 USDT after hitting a high of 0.12083 and low of 0.07435. Volume remains solid at over 3.65B CLO, and open interest sits around 355M USDT — signs of continued trader interest despite the pullback.

Technical indicators scream oversold conditions and potential reversal setup:

Bollinger Bands — Price hugging the lower band after a strong downtrend, with bandwidth narrowing → classic squeeze for volatility expansion.

Stochastic Oscillator — K at 33.37, D at 20.31, J at 59.49 — crossing upward from deeply oversold territory (<20), hinting at bullish momentum shift.

RSI — 6-period at 35.69, 14-period at 29.89 — both below 40 and starting to curl up from oversold levels.

This looks like a high-probability bounce play after heavy selling exhaustion. The downtrend line from recent highs is broken on lower timeframes, and we're seeing early signs of buyer defense near 0.053–0.074 zone support.

🚀 TRADE IDEA: LONG $CLO USDT Now!

Entry around current levels ~0.0844

Take Profit 1: 0.095 (first resistance, quick scalp +12%)

Take Profit 2: 0.105 (major level, +24% potential)

Stop Loss: 0.074 (below 24h low, risk ~12%)

Leverage wisely (5-10x max suggested), manage risk — this alt could explode on reversal confirmation! Don't miss the rebound in this volatile gem.

Trade $CLO USDT Now! Follow & turn 🔔 on ✅ for more setups!

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