$COMP /USDT - Rebounding from Key Levels! ๐Ÿš€๐Ÿ’ฏ


๐Ÿ“Š Current Price: $56.55 (-3.83%)
๐Ÿ”ฅ Key Level:
Support: $55.20 โ€“ A strong demand zone where buyers are stepping in.
Resistance: $59.70 โ€“ A breakout above this could trigger a rally!
๐Ÿ“ˆ Long Setup (Bullish Trade):
Entrey: $56.00 - $56.50 (On slight pullback)
Take Profit Target:
TP1: $57.80
TP2: $59.20
TP3: $61.00 ๐Ÿš€
Stop Loss: Below $55.20
๐Ÿ“‰ Short Setup (Bearish Trade):
Entry: $57.50 - $59.00 (If rejection at resistance)
Take Profit Target:
TP1: $56.50
TP2: $55.50
TP3: $54.00
Stop Loss: Above $60.00
๐Ÿ“ˆ Market Insight: COMP is showing signs of a bounce from support, but needs more momentum to confirm a breakout. A move above $59.70 could accelerate bullish action, while failure may cause another retest of support before a move.
๐Ÿ’ก Pro Tip: Watch for volume surges near resistanceโ€”if buying pressure increases, COMP could break out for strong gains! ๐Ÿ”ฅ๐Ÿ“Š
#COMP
COMP-1.27%
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