2025-12-16 15:30:17

COMP/USDT Technical Analysis

COMP remains in a long-term bearish pattern. The price is still trading below the weekly downtrend line. The rebound from the $30–$33 range was a technical correction and not a trend reversal signal.

From a trading perspective, the short-term setup continues to show strength. This wave of decline has a complete structure, with support levels below not being effectively broken. Instead, they have been confirmed multiple times in key areas. To change the bearish outlook, the price needs to break above the critical weekly resistance level; otherwise, the outlook remains bearish.

COMP-5.17%

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SmartContractPlumber

· 39m ago

The weekly chart is still struggling below the trendline, and this rebound is just a trap to lure in traders. Is the support confirmed strong? That also depends on whether it can break through the resistance; otherwise, it will be another round of decline.

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ColdWalletGuardian

· 15h ago

The bearish pattern is still ongoing; the rebound is just to trigger stop-losses.

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WhaleShadow