$COMP /USDT BULLISH BREAKOUT IN PROGRESS
Current Price: $36.80 (+1.88%)
COMP is showing bullish momentum after holding above the $33.34–$36.04 support zone. Price action above key moving averages indicates buyers are regaining control, with potential continuation toward higher resistance levels.
Key Levels:
Support: $36.04 / $35.14 / $34.24
Resistance: $36.94 / $37.63 / $37.84
Technical Outlook:
Price is holding above MA(7) at $36.98 and MA(25) at $36.10, confirming bullish strength. A breakout above $36.94 could trigger further upside toward $37.63–$37.84.
Trade Setup (Long):
Entry: Above $36.95 (breakout confirmation)
Take Profit (TP): $37.63 / $37.84 / $38.00
Stop Loss (SL): Below $36.04
Risk Management:
Risk only 1–2% of total capital per trade and maintain at least a 1:2 risk-to-reward ratio. Confirm breakout with volume before entry.
Summary: COMP/USDT is gaining bullish traction — a confirmed breakout above $36.95 could lead to a strong upward move.
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