CLO Long Position Setup



CLO is presenting an interesting long-entry opportunity on the current timeframe. Here's the breakdown:

**Target Levels:**
- TP1: 0.60
- TP2: 0.70
- TP3: 0.75

The setup shows solid technical confluence at the entry zone. Traders should consider scaling into positions while maintaining strict stop-loss discipline. Each target represents potential profit-taking levels as the asset moves higher.

This kind of structured trade with multiple exit points allows for risk management while capturing upside momentum. Monitor volume confirmation at key resistance zones to validate the move.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
GamefiGreenievip
· 1h ago
0.60 to 0.75? If this wave can't break the previous high, I still think caution is necessary. The tiered TP setup is good, but I'm worried about another false breakout, which would make cutting losses the most painful. Gradually building positions is a reliable suggestion; it's much more reassuring than going all-in at once. Make sure your stop-loss is set properly, and you'll be fine. Trading volume is indeed important. A rise without volume is all fake; once traders lose confidence, it's over.
View OriginalReply0
WalletDoomsDayvip
· 01-07 07:57
A target of 0.75 is a bit greedy... A more realistic goal would be to reach 0.70 before taking off.
View OriginalReply0
ForkTonguevip
· 01-07 07:57
Is the 0.75 target a bit aggressive? Can we honestly say it can really break through?
View OriginalReply0
EntryPositionAnalystvip
· 01-07 07:56
The range between 0.60 and 0.75 is quite interesting. The technical aspect does have support; it all depends on whether the trading volume can be strong enough.
View OriginalReply0
GasFeeDodgervip
· 01-07 07:42
The 0.75 level is a bit uncertain; it seems like we need to see if the trading volume can support it.
View OriginalReply0
TokenVelocityvip
· 01-07 07:29
0.75 this level is interesting, but it depends on whether the trading volume is strong enough.
View OriginalReply0
TopBuyerForevervip
· 01-07 07:28
If you can't even break 0.60, dreaming of reaching 0.75 is just a dream.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)