#CLO is waking up and traders can feel the momentum building.
$CLO USDT perpetual is trading around 0.0931 with a strong intraday gain of over 14 percent, pushing right up near the 24 hour high at 0.0932. Price is holding above key short term moving averages MA7 and MA25, showing buyers are still in control while MA99 below suggests the broader trend is turning supportive.
The structure on lower timeframes shows higher lows and aggressive green candles backed by rising volume, a classic signal of accumulation shifting into breakout pressure. If price sustains above the 0.092 to 0.093 zone, momentum traders may target the psychological 0.10 region next.
On the downside, immediate support sits near 0.090 and stronger demand near 0.086 where the trend previously bounced.
With volatility expanding and participation increasing, @clo is entering a decisive zone. If bulls keep control, this move could turn from a spike into a trend. Keep it on watch because momentum phases like this often move faster than expected.
