$CLO
Just saw a $2.7K long liquidation hit on $CLO at $0.08111 🔴 That’s a decent flush — looks like late longs got wiped and liquidity got taken.
I’m watching the $0.079–$0.080 zone closely. If price stabilizes and reclaims $0.081 with strength, I’ll consider a bounce long. Entry would be around $0.0805–$0.0812 on confirmation. My stop-loss sits below $0.077 — if it breaks that, downside likely continues.
Targets I’m eyeing: 🎯 $0.084
🎯 $0.088
🎯 $0.093
Reasoning is simple — after a long liquidation cascade, price often snaps back if support holds. If momentum shifts and we see buyers defend the level, a relief bounce can move fast.
No blind entries here — I’m waiting for structure and reaction. Watch it carefully and manage your risk.
Let’s go on
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