$COMP /USDT – Vertical Madness: Did Compound Just Break the Speed Limit?
Current Price: $55.05 (+43.17%)
After trading quietly near $39, COMP exploded past the speed barrier and tapped an intraday high of $79.99 before pulling back. This vertical rally wasn’t just a breakout — it was a blast-off.
Key Levels to Watch:
Resistance: $60.00 / $66.50
Support: $50.00 / $44.00
24H Range: $37.95 – $79.99
Market Insight:
That giant green candle speaks volumes — whales clearly stepped in. StochRSI sits in a bullish zone (58–73), and although a pullback occurred, buyers are still active above $50. The 15-minute structure hints at another leg if support holds.
Bullish Trade Setup:
Entry Zone: $53.00 – $55.00 (pullback opportunity)
Targets:
🎯 TP1: $60.00
🎯 TP2: $66.50
🎯 TP3: $72.00
Stop Loss: $49.00
Pro Tip:
Look for consolidation above $50 with decreasing sell volume. If price starts forming higher lows on lower timeframes, the rocket may not be done fueling.
Final Take:
COMP just reminded everyone what DeFi tokens can do when they wake up. Momentum like this doesn’t come often — but when it does, even the sidelines start looking tempting. Strap in, because the volatility is back.