$CLO SIGNAL ALERT 🔴✨️✨️✨️
😱WHY CLO IS ABOUT TO CRASH TO $0.35!😱
$CLO is now forming double top inside
an expanding triangle, a structure that typically
indicates distribution with rising volatility.
This pattern reflects seller dominance near
highs, where repeated rejection signals buyer
exhaustion and increases the probability
of a downside expansion once support gives way.
Price has failed twice at the upper expansion
boundary and is now trading below the
rejection zone, keeping the structure bearish.
As long as price remains capped below recent
highs, the market favors a mean-reversion
move toward the lower boundary of the
expanding formation.
A bearish setup is valid while resistance holds.
Shorts can be considered in the 0.708–0.712 zone,
targeting 0.662, 0.610, and 0.545 respectively,
with a protective stop above 0.748 to
invalidate the structure.
This aligns with a measured breakdown scenario,
offering a 6%–12% downside move if momentum
expands. Bearish bias remains intact unless
bulls reclaim 0.75 with strong volume confirmation.
Do you think $CLO will crash or rise again?
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