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CLO has recently performed steadily, with the bulls taking the lead on the 5-minute chart. Since the rise from 0.3839, the trailing stop line has been strongly raised. Currently, the support level is around 0.3838, and the current price of 0.3881 is operating above this line, indicating that buying pressure still exists.
The MACD indicator's dual lines continue to move upward, and the momentum histogram is also expanding, signaling a surge of additional funds flowing into the market. The next key level to watch is the 0.3900 psychological barrier—if a smooth breakthrough occurs, there will be a foundation to challenge the previous high of 0.3960.
In terms of trading strategy, it is more prudent to set the stop-loss below 0.3838. As long as this line holds, continue to hold the position and wait for further upward opportunities.