$CLO Holding the Breakout â Continuation in Play? đ
đą LONG $CLO
After a strong impulse move, $CLO pulled back into the breakout zone and is now showing constructive price action. No aggressive sell pressure so far â buyers appear to be defending the level.
If this zone continues to act as support and we print higher lows, momentum could build toward the next resistance cluster.
Trade Plan:
âą Entry: $0.088 â $0.091
âą Stop Loss: $0.079
âą TP1: $0.102
âą TP2: $0.118
âą TP3: $0.138
Key level to watch: A clean loss of $0.079 with momentum invalidates the setup.
This is a structured breakout-retest setup with defined risk â patience and discipline are key.
Are you watching this level or waiting for confirmation? Trade here đ


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