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$CLO just hit distribution — momentum is fading fast 🐻
I’m going short on $CLO /USDT 👇
CLO/USDT Short Setup (15m)
Entry Zone: 0.7435 – 0.770
Stop-Loss: 0.820
Take Profit:
TP1: 0.750
TP2: 0.720
TP3: 0.690
Why:
Strong rejection from the 0.81–0.82 resistance, lower high formed, price slipping below MA7 & MA25, RSI losing the 50 level, and MACD rolling over. This is where smart money distributes, not where new longs chase. Holding below 0.79 keeps the bearish structure intact.
{future}(CLOUSDT)