$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.