Alright traders, take a moment and look at what’s happening here…
We’re finally seeing $COMP
push out of that slow grind and launch with a strong bullish burst. After spending hours building a solid base around the lower range, the chart has snapped upward with clear intent, showing buyers stepping in aggressively and refusing to let the price fall back. This kind of expansion after a long consolidation usually tells us that momentum is shifting in favor of the bulls, and the way this candle pushed through resistance makes the move even more interesting. Now I’m watching whether it can hold above this breakout zone and build a continuation leg from here.
Entry Point: 34.80 – 35.20
Stop Loss: 33.60
Take Profit: 36.40 / 37.20 / 38.00
What do you all think — is this breakout going to sustain, or are we expecting a pullback first?