$CLO USDT – SHORT SETUP
Current Price: 0.1046
Trend Context: Strong pump → Rejection near 0.1208 → Now showing lower high on lower timeframes.
✅ Entry Zone:
0.104 – 0.108
(Prefer entry on minor bounce toward 0.107–0.108 resistance)
🎯 Targets:
TP1: 0.1015
TP2: 0.0900
TP3: 0.0800
(Extended target if panic selling starts: 0.0700 – 0.0650 zone)
🛑 Stop Loss:
0.1145
(Above local resistance & breakdown level)
🔑 Key Levels:
0.1208 – Major resistance (24h high rejection zone)
0.1139 – 0.1150 – Intraday resistance
0.1015 – Immediate support
0.0900 – Strong support
0.0650 – 24h low / major demand
📊 Trade Logic:
Price pumped aggressively → now cooling off
Rejection from 0.12 high
Volume spike suggests distribution possible
If 0.1015 breaks cleanly, downside momentum likely increases