$CLO trading at 0.1146 on Binance Futures 👀
Now this gets interesting.
Futures listing means leverage, and leverage means volatility expansion.
At 0.1146 we’re sitting near a psychological zone.
If buyers defend above 0.1100 and volume builds, we could see continuation toward the next liquidity pocket.
If 0.1100 loses with momentum, downside acceleration becomes likely as late longs get flushed.
Key things I’m watching:
Open interest trend
Funding rate shifts
Volume on 15m and 1H
Reaction at 0.1100 support
Futures markets move on liquidity, not emotions.
If momentum stacks with rising OI and controlled funding, this can trend.
If price rises but OI drops, that’s short covering not strength.
CLOUSDT
Perp
0.07233
-2.73%
at 0.1146 is decision territory.