$CLO Signal】Short - Volume Breakout Downward



$CLO Forms a breakout pattern after a volume surge, combined with high open interest, indicating market logic suggests a risk of long liquidation or main force distribution.

🎯 Direction: Short

🎯 Entry: 0.575 - 0.595

🛑 Stop Loss: 0.620 ( Rigid Stop Loss )

🚀 Target 1: 0.530

🚀 Target 2: 0.480

Price plummeted nearly 18% with high trading volume, without effective buy absorption. The high open interest did not significantly decrease during the decline, increasing the risk of forced long liquidation. Current price action shows dominant selling pressure, weak rebound, no clear support below, and a trend-following bearish outlook.

Trade here 👇 $CLO

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