$CLO bounce into supply. While the broader market is experiencing a high-volatility vacuum, Yei Finance (CLO) is struggling under the weight of ecosystem-specific risks. The recent Sei Network migration (SIP-3) has forced a mandatory swap of legacy USDC, creating a massive liquidity bottleneck that bears are currently exploiting.
Short $CLO
* Entry: 0.132 – 0.138
* Stop Loss (SL): 0.145
* Take Profit (TP1): 0.122
* Take Profit (TP2): 0.112
* Take Profit (TP3): 0.102
The push higher stalled quickly, and aggressive sell pressure showed up on the first test of the $0.140 structural resistance. This suggests the move is purely corrective rather than a trend shift. Momentum is rolling over as the MACD prints a bearish crossover on the 4-hour chart, and buyers aren’t getting acceptance above this zone, keeping downside continuation in play.
Furthermore, the token concentration risk is at an all-time high, with the top 10 holders controlling over 95% of the supply. In a market where the Fear & Greed Index is pinned at 26, this lack of decentralization makes CLO vulnerable to sharp, cascading liquidations if the $0.125 support fails to hold. With the Clovis cross-chain expansion facing integration delays, the fundamental narrative is weakening just as the technical structure breaks down. Expect a retest of the psychological $0.100 floor if Bitcoin remains capped under $77k.
@R M J #CLO #AISocialNetworkMoltbook #USCryptoMarketStructureBill #BinanceBitcoinSAFUFUND #WhenWillBTCRebound