Shows $CLO a strong upward recovery after a sharp decline, with the price reclaiming the resistance level during the day and forming higher lows on the 1H chart. Momentum is shifting back in favor of buyers.

Entry Point: $0.06850 – $0.07050

Stop Loss: $0.06480

Profit Targets:

TP1: $0.07350

TP2: $0.07700

TP3: $0.08200

Why this setup:

Clear higher low after the correction

Strong bounce from the demand zone at $0.06500

Reclaiming the $0.07000 level shows strength

Presence of room towards the previous peak near $0.08000

Main question: Will it break $CLO above $0.07300 and continue towards $0.08000 or will it face rejection at local resistance first?

Action: Buy and trade $CLO

CLOBSC
CLOUSDT
0.08192
+30.44%

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