The price has retested the previous low of 0.40~0.407, a strong support zone, and has not effectively broken below it multiple times. Short-term selling pressure is easing; the 1H and 4H MACD bearish momentum is diminishing, indicating conditions for a technical rebound. If volume increases and the price recovers above 0.43, there is potential for a short-term rebound to 0.45~0.48, making it suitable for defensive longs with strict stop-losses.
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$CLO 6-15x Long
The price has retested the previous low of 0.40~0.407, a strong support zone, and has not effectively broken below it multiple times. Short-term selling pressure is easing; the 1H and 4H MACD bearish momentum is diminishing, indicating conditions for a technical rebound. If volume increases and the price recovers above 0.43, there is potential for a short-term rebound to 0.45~0.48, making it suitable for defensive longs with strict stop-losses.