$CLO at range high — repeated rejection

SHORT $CLO

Entry: 0.75–0.77 (current price or small bounce)

TP1: 0.70

TP2: 0.62

TP3: 0.49

SL: 0.84 (clean break above range high invalidates)

#CLO has printed multiple rejections at the same upper range / supply zone, signaling sellers defending this level.Price is respecting the rising support trendline, but failure to break higher increases the probability of a downside rotation back toward range lows.

CLOBSC
CLOUSDT
0.6769
-5.86%