The chart for $CLO / USDT (Yei Finance perpetual futures on Binance) is showing strong signs of a powerful bounce after a deep correction! 🚀
Current price sitting at 0.08439 with a massive +35.02% pump in the recent move, marking price up from lows around 0.053–0.061 zone. The candlesticks have broken above the lower Bollinger Band squeeze, with price reclaiming the middle band area (~0.018) and pushing toward the upper band resistance. Volume is spiking, indicating real buyer interest kicking in after the downtrend exhaustion.
Key indicators flashing bullish reversal:
Stochastic (K:13, D:7, J:25) curling up from oversold territory – momentum building fast!
RSI(6) at 34 and RSI(14) at 29 climbing off the bottom – no longer deeply oversold, room to run higher.
Price holding above the recent green dotted support line at ~0.084, with previous resistance flipped potential support.
This looks like the start of a recovery rally in this high-vol meme/DeFi gem. Momentum traders, this is your setup! 🌟
TRADE IDEA – LONG $CLOUSDT Now!
Entry around current levels ~0.084
Take Profit 1: 0.095 (first target, near 24h high extension)
Take Profit 2: 0.110+ (stronger move if volume sustains)
Stop Loss: 0.078 (below recent swing low for protection)
Risk smart, scale in on dips, and ride the wave! Don't miss this potential breakout. Trade $CLO USDT futures on Binance Now! Follow & turn 🔔 on for more alpha calls ✅💥
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