$COMP Bullish Momentum Pushing to New Highs! ๐
$COMP is trading at 56.65, up +14.58% in the last 24H, showing strong bullish momentum after a breakout above the $55 level. Buyers are in control, and the price is testing the 56.71 resistance. A sustained move above this level could open the door to further gains.
Support and Resistance
โข Resistance: 56.71 โ 58.00
โข Support: 55.00 โ 53.50
Trade Setup
โข Entry Zone: 55.50 โ 56.00
โข Stop Loss: 53.50
๐ฏ TP1: 56.71
๐ฏ TP2: 58.00
๐ฏ TP3: 60.00
Market Insights
$COMP is riding a strong bullish wave with consistent higher lows, indicating healthy buying pressure. A confirmed breakout above 56.71 could accelerate momentum toward 60.00, while a retest of the support zone may provide an ideal re-entry opportunity for traders.