🏮MARKET UPDATE: $COMP 🏮
$COMP has once again shown a strong reaction from its key weekly support zone, a level that has consistently attracted buyers in previous retests. This repeated defense highlights continued accumulation and bullish sentiment around the zone.
If price manages to hold above the $35 level, momentum could carry it toward the $45–$50 resistance area in the coming weeks. However, a weekly close below $30 would invalidate the current bullish structure and potentially trigger a deeper correction.
For now, the structure remains constructively bullish, with buyers maintaining control as long as this critical support level holds firm.