$CLO is transitioning into a clear expansion phase. Demand has stepped in decisively, shifting control to the bulls. Price acceptance above the former resistance now signals that the breakout is being validated rather than faded, keeping the upside structure intact.
Long Bias Setup
Entry Zone: 0.350 – 0.370
Upside Objectives: 0.400 → 0.430 → 0.480
Invalidation: 0.330
The sharp continuation move reflects genuine strength, not speculative noise. As long as price respects the reclaimed support, shallow pullbacks offer opportunities to scale into longs. Maintain strict risk control and adjust stops upward as the trend develops.