🚨$CLO is bleeding (-17%) and now testing support!🚨😱
If 0.59 holds → we bounce😓
If 0.59 breaks → 0.35 next 😈
Who’s watching CLO? 👇
CLO just dumped nearly -17%, and price is now sitting right on a major support zone around 0.59.
This level previously acted as resistance → now flipped into support.
Price reaction here will decide the next big move.
🔍 What I’m watching:
✅ Bullish case:
If price holds above 0.59 and prints a higher low → bounce toward 0.70 – 0.80
❌ Bearish case:
Clean break and close below 0.59 → next supports at
0.35 → 0.32 → 0.30
⚠️ Momentum is still bearish, so confirmation > guessing.
🧠 Smart play:
Wait for either:
A clear bounce + volume
$CLO
#clo