$CLO USDT
This chart is a classic “capitulation → base → bounce” lesson. Price dumped hard from the highs, printed a clear bottom zone around 0.053, then started building a tight base before a sharp rebound with expanding volume.
Training takeaways:
Don’t chase the first green candle after a long dump. Let price reclaim a level and hold it.
Your key levels are simple: Support: 0.053–0.070, Resistance: 0.116–0.120 (recent high area).
Best entries are usually pullbacks, not breakouts. If price retests 0.10–0.11 and holds, that’s a cleaner long trigger.
Risk rule: stop goes below the last higher low (or below the base zone if you’re slower).
Targets: T1 0.120, T2 0.150–0.165, T3 0.190–0.200 if momentum stays strong.
Pro tip: After a +70% day, assume volatility. Reduce size, take partial profits into resistance, and let the rest run only if volume keeps rising.