Recently, I noticed that $CLO has been stuck around 0.68-0.70, unable to go lower. Combined with the market stabilizing, many small-cap coins are starting to show signs of movement. This position is indeed worth considering.

The previous correction of $CLO was quickly absorbed at this key support zone, indicating that there is capital accumulating at the bottom. Most importantly, the short-term selling pressure is clearly diminishing, and the 4-hour momentum indicator has already started to turn — a typical signal of a low point forming in a wave.

The support level is holding, and normally, if it were going to fall, it would have already. This often signals that a rally is brewing.

**My trading approach (personal reference, not advice)**

For entry, I plan to gradually build positions in the 0.68 to 0.70 range. Set stop-loss at 0.66 — if it breaks below this, it indicates the structure is broken, and I must exit immediately. Risk control is the top priority.

For targets, first watch 0.73, the previous minor resistance zone. Once reached, consider reducing some holdings. If $CLO can effectively break through 0.73, the next target is 0.78. If that level is also broken, the trend may continue upward.

**Why does this position look promising?**

From the volume-price relationship, during the correction, trading volume was decreasing; during the rebound, volume was increasing. This is a hallmark of main force accumulation. Multiple tests near this support zone without breaking it indicate a formed defense area — clear signs of capital support.

Additionally, if the market truly stabilizes, in the rotation of altcoins, tokens like $CLO with good activity are more likely to attract capital. Market sentiment and technical signals are aligned at this point.

The core trading rule is: repeatedly test support levels, stay cautious; if broken, exit immediately. Let profits run fully, while tightly locking in risk.