$CLO — LONG WATCH

CLO just had around $3.24K in longs liquidated near $0.06148. After that kind of flush, I’m keeping a close eye on this area for a possible bounce.

My preferred buy zone would be around $0.0600–$0.0615. I wouldn’t jump in with the full position immediately. If price dips into the zone and starts holding, I’d look to build the position slowly.

🎯 Targets: $0.0630 → $0.0650 → $0.0680 → $0.0720

🛑 Invalidation: If CLO loses $0.0600 with strong selling and can’t reclaim it, I’d stay out and wait for a better setup.

For me, the key is simple: let the liquidation happen, wait for buyers to show up, then enter.

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