CLO/USDT Watch my take

In the past 24 hours, it surged 36% to the current 0.74 USDT, which is indeed eye-catching. But let's stay calm and consider the risks first.

From a technical perspective, the 4-hour RSI has already risen to 76.58, firmly in overbought territory. The 1-hour MACD histogram is starting to turn negative, and more concerning is that the trading volume has shrunk by nearly 30%—this is a divergence between volume and price, indicating that upward momentum is weakening. Taken together, I have to admit I’m a bit nervous.

If this turns out to be a short-term top, once the main players start selling off, the decline could be sharp. Chasing the high is too risky, and I really don’t recommend it.

**My simple view: now is the time to observe.** Wait for a more favorable risk-reward opportunity. If I must participate, I would only consider a small position on a pullback, definitely not at this level.

Assuming the price can stabilize above the key support of 0.68-0.70 and show signs of stabilization, I might consider a very small position to try:

Entry: around 0.688 with a light position
Stop-loss: below 0.658, then exit
Target: first 0.74, then 0.78

The most important thing is position control—any operation should not exceed 10% of the total position. Sometimes missing a wave of the market isn’t scary; what’s scary is making a wrong move and giving back all the previous profits.