💎 $CLO
: Retest Bounce Zone Primed! 🚀
The price action for $CLO (Yei Finance) is looking incredibly sharp. After a massive move earlier this week hitting new highs near 0.91, we are now seeing a textbook "Break and Retest" play out.
📉 Technical Analysis
We’ve just witnessed a clean wick into the HTF-FVG (High Timeframe Fair Value Gap) confluence. Volume absorption on the green candles suggests that "Smart Money" is stepping in to defend this level. The LTF (Lower Timeframe) is already beginning to curl bullish.
Trade Type: Long (on Retest)
Entry Zone: 0.728 – 0.740
Stop Loss (SL): 0.697 (Tight protection below structure)
🎯 Profit Targets
TP1: 0.780 (Immediate resistance)
TP2: 0.840 (Trend continuation)
Pro Tip: Look for volume confirmation on the 15m chart as we hold the 0.73 level. This is a high-probability continuation setup given the current Sei ecosystem strength! 🌊
Nabiha Noor ✍️
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