CLO's recent market movement has directly staged a reversal drama. It recently dropped to a low of 0.2610, with the bears aggressively selling off, but the long lower shadow revealed signs of buyers stepping in at the bottom. Subsequently, a large bullish candle strongly reversed the situation, completely swallowing the previous decline. Now, after a few consecutive long bullish candles, the price has already surged past 0.45, just a breath away from the resistance level at 0.4593. The entire trend vividly demonstrates the battle between bulls and bears — initially the bears exerted pressure, then the bulls counterattacked, and now the fight is still ongoing at a key resistance level. Whether it can break through in the next one or two days depends on the upcoming performance, as the market remains highly tense.
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AirdropworkerZhang
· 01-09 09:16
Hey, this CLO really keeps me on the edge of my seat. That bottom wave almost scared me to death.
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The bears have been smashing for so long, finally can't hold on anymore. The bulls have been aggressive these past two days.
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Whether 0.4593 breaks or not directly determines the next direction.
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I had already placed some orders at 0.26. Now it looks like a nice rebound, but I'm just worried about another sharp dip.
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With that long lower shadow, I knew someone was picking up bargains at the bottom. Sure enough, I wasn't disappointed.
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A few consecutive strong bullish candles completely confused the bears. The pace is just too fast.
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Now it all depends on whether we can effectively break the level in the next one or two days. The whole market is watching.
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Even after reaching 0.45, I still don't dare to chase. I have a feeling it might retest lower.
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The market feels so stuck; maybe just stay flat and wait for clearer signals.
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If this reversal can hold above 0.4593, there's still plenty of room to go.
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ShitcoinConnoisseur
· 01-09 05:27
Is that all after the bottom is filled? That's about enough.
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CryptoCross-TalkClub
· 01-07 03:41
Laughing to death, those who buy the bottom are all leeks, I am that long lower shadow
Now it's getting hyped again, just wait, the 0.4593 key level is the lucky boy
This reversal drama reminds me of a story I tell in my cross talk routines
Break the support? Break your head, the leeks are all waiting to be harvested
Bull and bear game, to put it simply, it's institutions and us playing landlord and tenant, we're definitely going to lose
The feeling of being stuck is exactly what it means—just harvesting
If it can rise so quickly in one or two days, unless someone is bottom-fishing, where does this momentum come from
Speaking of such a surge, will it jump straight into a dive tomorrow? My heart can't take it
Watching it rise makes me nervous—that's life in the crypto world
A long bullish candle swallowing the lower shadow, sounds like a wolf eating a sheep, and I am that sheep
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ShibaSunglasses
· 01-06 09:52
0.2610 That wave directly made me break out in a cold sweat. Now that it has rebounded to 0.45, it feels a bit虚啊
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Bottom buyers probably got caught, only a break above 0.4593 truly signals a turnaround
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After such a long tug-of-war between bulls and bears, it still seems to come down to the energy柱说话
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Wow, this rhythm is even more exciting than trading stocks. Can it stay稳 above 0.45?
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The long lower shadow is indeed attractive. Bottom catchers might really make some money this wave
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It's both tense and at a关键位. Honestly, it's just a gamble
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Several consecutive long阳听起来不错, but don’t let it crash again
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If it can't break 0.4593, it feels like it will still震荡, so烦死了
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Buyers are so eager to接盘, after 0.45, does anyone see continued上涨?
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DeFiVeteran
· 01-06 09:48
The bears sold off so aggressively, but there's still someone willing to buy at the bottom, which really says a lot.
Breaking 0.45 is interesting; now it's just a matter of whether it can hold above 0.4593.
It's another situation of bulls and bears in a tug-of-war; it might take a few days of tossing around to see the outcome.
A long lower shadow at the bottom never lies, but it does test patience.
A few consecutive strong rallies have directly rewritten the script; this time, the bears might be in trouble.
That drop to 0.2610 almost scared everyone to death, but luckily those who reacted quickly managed to profit.
This reversal looks comfortable, but I'm just worried it might be a false breakout again.
The bulls and bears are in a tug-of-war; it all depends on who gets more aggressive in the next couple of days.
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ForeverBuyingDips
· 01-06 09:48
The guys bottom-fishing are really awesome. This rebound looks much more comfortable.
CLO almost scared me to death, luckily I didn't cut my losses. If it breaks 0.4593 again, it will take off.
This is why I always buy the dip... Whether the key level breaks or not, we'll see tomorrow.
The entire bulls and bears game has me excited, just waiting for a surge to push through.
The long lower shadow at the bottom is a signal of opportunity. How can some people still not understand?
0.45 has been taken, now it's just about whether we can hold the pressure level. Nervous.
The recent sell-off is now a joke. This is called buying low and selling high.
The feeling of stalemate is just right, indicating that the main players are still secretly accumulating.
Breakdown imminent? I bet there will be a result in one or two days. I can't hold back.
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GasFeeBarbecue
· 01-06 09:44
The bottom has absorbed so many chips, and now the rise is a bit slow.
CLO's reversal is indeed a bit fierce; let's see if it can break through 0.4593.
I was bottom-fishing when the bears were dumping; if this wave can't break the resistance level, I'll go to sleep.
When the long lower shadow appeared, I knew there was hope; those who bought at the bottom are all smiling.
If the bulls don't show strength in the next couple of days, it will be a false breakout.
Breaking through 0.45 is interesting, but I'm more concerned about whether it can hold steady.
How long will the stalemate last? Can't wait any longer.
CLO's recent market movement has directly staged a reversal drama. It recently dropped to a low of 0.2610, with the bears aggressively selling off, but the long lower shadow revealed signs of buyers stepping in at the bottom. Subsequently, a large bullish candle strongly reversed the situation, completely swallowing the previous decline. Now, after a few consecutive long bullish candles, the price has already surged past 0.45, just a breath away from the resistance level at 0.4593. The entire trend vividly demonstrates the battle between bulls and bears — initially the bears exerted pressure, then the bulls counterattacked, and now the fight is still ongoing at a key resistance level. Whether it can break through in the next one or two days depends on the upcoming performance, as the market remains highly tense.