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#CLO $CLO Current price $0.13216, 24h -16.36%.
Breaking it down, the short-term is quickly weakening, and the risk of a reversal from high levels is increasing.
But I have to mention, profit-taking shorts account for 30%, so don’t rush to buy the dip before the weakness is over.
First look at $0.13546 above, and then see if $0.1282 below can hold.