Many traders are again facing loss due to time management issues like as $AUCTION , $COMP Drops Hard After Massive Spike – Bearish Pressure Builds❗#COMP made headlines earlier with an explosive move to $79.99, but the party didn’t last long. After peaking, it’s been in a steep decline now trading at $47.73, down significantly from the high, though still holding a +23.17% gain on the day.
24h High: $79.99
24h Low: $38.25
Current Price: $47.73
Stoch RSI: Rock bottom at 0.06 — oversold but no reversal signs yet
Order Book: 67.24% buyers, but price action tells another story
The 15-minute chart paints a clear picture: a massive green candle followed by continuous red pressure, forming a classic blow-off top. Despite buyer interest in the order book, momentum remains bearish as volume fades and sellers dominate the trend.
Unless COMP can reclaim $55+ with strength, it risks falling back toward $45–$42 support zones.
Caution ahead — this is no time to chase. Let the dust settle.
