2026-01-09 10:21:33

CLO has recently performed quite strongly, but the current trend has already shown signs of fatigue. Looking at the 1-hour chart makes it clear — after reaching the high point, it turned around directly, and the closing is still a bearish candle, which is a typical top-reversal pattern. Even more concerning is that the 15-minute chart has already entered a continuous decline mode, indicating that the trend is weakening.

From a technical perspective, it is certain that this coin is entering a correction phase. Although the previous gains were substantial, all these signals now suggest that a shorting opportunity is forming. In the short term, without a significant rebound or a break above resistance, the downside potential remains considerable. For traders looking to participate, the current entry point for shorting seems good, but risk management must be well in place—don't be greedy.

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RugResistant

· 01-12 10:21

ngl, those red flags on the 1h are pretty hard to miss... but everyone saying "short it now" makes me nervous tbh. classic pattern before a rug pull. already seen this movie too many times lol

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MiningDisasterSurvivor

· 01-12 08:46

Another coin with a considerable increase, I've seen this routine before. In the end, it just turns around and runs, leaving a bunch of people trapped. A bearish candle touching the top is a signal, seen many times in 2018, and what was the result? It all crashed through. Shorting requires patience; at such times, it's easiest to get cut. --- Rally then fall back? Ha, no one has fully calculated the risks of futures contracts. The last time I saw this trend, it was some kind of Ponzi scheme, and the project team had already run away. --- Not greedy? Easy to say, but then another batch of new retail investors will fall in. I still believe that surviving a bear market is winning. --- A 15-minute continuous decline sounds fierce, but what does "significant" downward space mean... Isn't that just hype? --- Another shorting opportunity is forming, but how come I hear the project team's voice?

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StakeWhisperer

· 01-12 04:18

Another bearish candle with a sudden drop, this time CLO is really going to fall --- The 15-minute chart directly broke support. I’ve said before that this wave’s high point wouldn’t hold --- Bearish opportunity? Uh… I’d rather wait for a rebound confirmation before saying anything --- Every time I say it’s topping out, it just turns around and goes back up. I don’t get it --- How many times have I said risk management? Yet some still go all-in --- It’s just a bearish candle, nothing major --- No problem during the correction period, just afraid it will take off immediately after the correction

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RetailTherapist

· 01-11 17:46

Oh no, CLO's recent performance looks really uncomfortable. A sharp drop from a high level is indeed not a good sign. --- Rapid gains followed by quick drops, that's just how it is. --- Short sellers need to set proper stop-losses; don't go all-in blindly. --- It seems like we're going to be oscillating in the bottom range for a while. --- If this continues on the 15-minute chart, the short-term rebound pressure will be quite strong. --- Greedy traders will have to pay their tuition; this time, lessons must be learned. --- Anyway, I'm on the sidelines, waiting to see if there's real support. --- With the technical setup like this, shorting is fine, but I'm worried about a sudden reversal and a crash.

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AlphaBrain

· 01-09 10:51

Oops, another classic top-out and reversal. CLO this wave is really a bit risky. Starting to advise shorting again, huh? Every time it's the same, and then what? The bearish candle is indeed ugly, but I still want to see if it can break that support level. This wave of decline has considerable room, but I'm more afraid of a sudden rebound. Short? I'll wait for a clearer signal before making a move. Risk management is really key. Don't follow the trend blindly and get wiped out. The technical analysis looks quite professional, but I don't know how it will develop later. Before the break, I didn't really believe in this shorting opportunity. What about you? Is the trend weakening? Or is it just a correction? It's hard to tell. It's a bit hasty to enter now. I prefer to observe a bit more.

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CryptoCrazyGF

· 01-09 10:46

Hmm... CLO is a bit weak this time, I’m even worried for it --- Another "buy and then fall" rhythm, really incredible --- But shorting also requires courage. Last time, such an operation was directly beaten back in reverse --- Can a 15-minute line be enough to confirm a weakening trend? Why can't I see it? --- A bearish candle isn’t scary, what’s scary is that I have no money to buy the dip haha --- This technical analysis is making me a bit impatient, luck might be faster --- Breaking the level is quite harsh, it’s actually just gambling --- Risk management? I can’t play that way, full margin is my usual operation --- Now it feels a bit late to short, I think there might be a rebound --- Seeing you so confident in bearishness, I actually want to try buying the dip

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BearMarketNoodler

· 01-09 10:44

Bearish candle closes, the top signal is clear, the 15-minute level has already turned around, this wave of shorting opportunities is indeed good. --- Another surge followed by a pullback, the short sellers are about to make their move again. --- No matter how fierce the rise, it can't withstand a single bearish candle, CLO has truly exposed itself this time. --- Don't be fooled by the previous gains, everyone entering now will have to eat the loss. --- A weakening trend is no small matter, don't think about bottom fishing before breaking the level. --- Those who are bullish now should sleep poorly, the technical indicators are clearly laid out. --- A quick turn after a surge, I am very familiar with this tactic. --- Short? Set your stop-loss first, greed always leads to the hospital in the end. --- 15-minute continuous decline, there’s not much good story to tell about this coin in the short term.

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DoomCanister

· 01-09 10:42

The bearish candles are already out, why not run? --- The 15-minute chart is dropping so much, it feels like a breakdown is coming. --- The overbought signal is so obvious, the time to short has indeed arrived. --- Up and down again, this coin really wears me out. --- Risk management is very important, can't all in, everyone. --- Looking at this trend, I feel a bit anxious. --- It was fun to rise before, now it's time to pay off debts. --- Something's off, it feels like a correction is coming. --- Is it time to profit from shorting? --- Turning at the high point, a classic move.

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GasWaster

· 01-09 10:38

Another bagholder at a high level is about to get crushed. The pace of CLO just looks uncomfortable.

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Token_Sherpa

· 01-09 10:23

ngl the whole "textbook reversal" narrative reads like cope to me... seen this movie before with like five other alts lol

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