$COMP analysis:
- Breakout:
- $COMP broke out of downtrend after forming major low near $41.05
- Surged to $49.72 before pulling back to $46.50-$47.00 zone
- Long Trade Setup:
- Entry Zone: $46.20-$47.00
- Targets: $48.40, $49.72, $51.00
- Stop-Loss: Below $45.00
- Outlook:
- Strong recovery candles and solid market structure
- Holding above $45.50 could lead to another test of $50+.
#COMP #DeFiSetup #CryptoSignals
{spot}{COMPUSDT}