CLO seems to need to test further downward, and there is a high probability of a decline before reaching the 0.6 level. From a technical perspective, it is currently near a resistance level, and there is a high possibility of facing pressure in the short term. However, this is also normal market volatility, and rebounds and corrections may occur during the decline. The key is whether it can break through the level effectively. If it can stabilize above the support level later, a reversal signal may emerge. For holders, managing risk properly is quite important.