$CLO Holding the Breakout — Continuation in Play? 📈
🟢 LONG $CLO
After a strong impulse move, $CLO pulled back into the breakout zone and is now showing constructive price action. No aggressive sell pressure so far — buyers appear to be defending the level.
If this zone continues to act as support and we print higher lows, momentum could build toward the next resistance cluster.
Trade Plan:
• Entry: $0.088 – $0.091
• Stop Loss: $0.079
• TP1: $0.102
• TP2: $0.118
• TP3: $0.138
Key level to watch: A clean loss of $0.079 with momentum invalidates the setup.
This is a structured breakout-retest setup with defined risk — patience and discipline are key.
Are you watching this level or waiting for confirmation? Trade here 👇
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