2026-01-09 01:29:26

CLO has recently experienced some issues in its price movement. From a technical perspective, it is difficult to sustain high levels at the moment, and the market is facing obvious correction pressure.

From a morphological analysis, this wave of the market indeed needs to pull back to correct the overbought condition. In the short term, it is not recommended to chase at high levels, as the risk is relatively high.

In practical trading, I think you can focus on two zones:

**First entry point**: the 0.63-0.65 range. This position is a relatively ideal entry area, and you can consider deploying in batches.

**First target**: 0.75-0.76. If the price successfully breaks through this range, it indicates an effective rebound.

**Second target**: 0.81. This is a more distant bullish target.

Overall, the current rhythm is to first watch for downward adjustments and wait for the right price level to enter. Don’t be scared by short-term fluctuations; instead, focus on understanding the market’s rhythm.

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OnlyUpOnly

· 01-11 23:53

0.63 entry really guarantees profit? I feel like it's going to drop again I'll consider it again if it drops below 0.6. The high level does seem a bit shaky It's no surprise if this wave of correction causes bloodshed; better to be cautious If it can break through 0.75, that's considered a win. It's still early to say anything now Just following the textbook, huh? The actual trend always surprises us

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Ser_APY_2000

· 01-11 22:25

Here we go again, waiting for the drop. Always chasing highs is just asking for trouble.

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GhostInTheChain

· 01-11 10:15

It's starting to fall again. Can it really reach 0.63 this time? It feels like every time they say it will pull back, but then it rebounds and goes higher... Wait, is the 0.81 target level reliable? Or is it another trap for the naive investors? This week's market is a bit strange. I'm afraid to chase the high. The idea of gradually building positions is correct, but I'm worried it might drop further after I buy in.

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bridge_anxiety

· 01-11 09:41

Wait, can 0.63 really be reached? It still feels like it needs to drop quite a bit. This time, the high level really can't hold. Instead of chasing the high, it's better to wait for the bottom. The opportunity to buy the dip has arrived. Anyone still buying at high levels is foolish. From a technical perspective, it is indeed overbought. I predicted this correction a long time ago. I'm already ready with my bullets around 0.65; let's see if it can be smashed down to that level.

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IntrovertMetaverse

· 01-09 01:59

It's dropping again, 0.63 is waiting for me over there.

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WenMoon42

· 01-09 01:47

The 0.63 price level is a bit shaky; it feels like it still needs to continue falling.

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GasFeeLover

· 01-09 01:44

Is this the price to cut leeks again? 0.63, I just lol'd. Wait, can the high level really not hold? It felt like they were hyping it up yesterday. Nice words, but isn't it just gambling on luck? I'm asking, can 0.65 hold? If it drops again, it will definitely be another bloodbath. Bro, your heart is really big.

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FunGibleTom

· 01-09 01:41

Wait, another pullback? Every day it's about adjustments. Fine, I'll wait to buy in at 0.63. Anyway, idle money is just sitting there.

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rug_connoisseur

· 01-09 01:34

0.63 I have already been planning around this level, just waiting for a rebound to make a profit.

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