$COMP /USDT – Coiling for a Breakout! ⚡️
Current Price: $40.88 (-1.04%)
📈 Market Structure:
Recovery from $39.16 low with steady higher lows
Price holding above $40.50 support zone
Currently forming a bullish consolidation just below $41 resistance
📊 Trade Setup:
Entry Zone: $40.70 – $41.00
TP1: $41.50
TP2: $42.30
TP3: $43.50
Stop Loss: $40.10 (below support and wick structure)
📌 Key Resistance: $41.50 – $42.30
📌 Key Support: $40.10 – $39.20
💡 Pro Tip:
Watch for a clean breakout above $41.20 with volume — could lead to a rapid upside toward $43+. Ideal for quick breakout plays.
🚀 $COMP is winding up tight – breakout traders, stay sharp!
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