2026-01-09 01:25:14

CLO this wave of market behavior indeed has issues.

Around the 0.718 level, the short-term moving averages are tightly wrapping the price, with no momentum for a rebound. The RSI indicator is stuck at 61, making this position the most awkward—neither strong enough nor oversold, just a ambiguous zone. The MACD has already started to turn negative, with the histogram clearly shrinking, indicating that the momentum of the rally is beginning to fade.

Trading volume is also declining, and the enthusiasm for chasing highs in the market is noticeably diminishing. Since the peak at 0.76, each rebound has become weaker than the last. This is not a sign of accumulation for a breakout but a signal that the bears are regaining control.

The current price is at 0.7179. If you are bearish, the opportunity is actually quite clear. Entering a short position at market price should be a consideration.

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AirdropBlackHole

· 8h ago

Starting to talk down again, how low can it go this time? --- RSI stuck at 61 and already talking about momentum exhaustion. You haven't even sold yet. --- Low trading volume is just a shakeout, same old story. --- Falling from 0.76 with weak rebound, I think it can still hold at 0.7. --- Go short at market price directly? That's really bold.

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WenAirdrop

· 18h ago

CLO's choppy trend, I really can't take it anymore... Every rebound feels like I haven't eaten enough The bearish situation is already clear, there's no suspense in being bearish this wave, the question is whether you dare to really short Wait, with RSI and MACD so obvious, could it be a fake-out? That's what I fear the most 0.718 is tightly stuck, and the trading volume drops sharply, this is indeed a signal... People chasing the high have already run away, the bears are about to eat the meat, I think breaking below 0.71 in this wave is no surprise But recently, this CLO coin has been really hard to trade, the rebound has been ridiculously weak

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MiningDisasterSurvivor

· 18h ago

Another breakdown pattern, just like those projects in 2018. Weak rebounds are a death sentence. RSI is stuck at 61, and MACD is turning negative. This isn't consolidation; it's like handing knives to the bears. I've been through this before—going from 0.76 to now, each time it's softer than the last, with no resilience at all.

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BottomMisser

· 18h ago

The bearish opportunity is indeed very clear, but I got caught when I bottomed out at 0.72 last time, and now I'm a bit hesitant.

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OnchainFortuneTeller

· 18h ago

Moving averages stuck, MACD turning negative, trading volume sluggish, bearish signals one after another. This wave of CLO bearish outlook indeed has no problem. --- Honestly, I feel uncomfortable watching the weak rebound at 0.718. Every time, it's loud thunder but little rain. --- RSI stuck at 61 is the most annoying, feeling caught between buying and selling. At this moment, I'm afraid of missing out and being trapped. --- Falling from 0.76 all the way down silently, now the rebound momentum is just one word—timid. --- With such sluggish volume, those chasing the high have already run away. Being bearish is indeed the clear path. --- The shrinking MACD histogram can't be ignored; the timing for shorting is probably right. --- Instead of fussing over the rebound, it's better to follow the bearish trend directly. The price of 0.7179 is a good opportunity to test the waters. --- This market is indeed tough. The bulls have no power to fight back, and the bears are in full control.

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MonkeySeeMonkeyDo

· 18h ago

It's the same pattern again—moving averages intertwined, MACD turning negative, declining trading volume... Does it sound like the bears have already won? Why do I feel like every time it's said, it ends up rebounding?

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