$COMP /USDT LONG TRADE SIGNAL – STRONG UPSIDE POTENTIAL UNFOLDING
Entry Price: $44.00
Target 1: $46.80
Target 2: $48.00
Target 3: $50.50
Stop Loss: $42.20
Why Long?
#Compound ($COMP) has shown an explosive move, jumping from $39.94 to a peak of $47.35 in a sharp breakout. Currently trading at $45.98, the price action indicates bullish continuation with increasing volume and strong buyer momentum.
The 24-hour price gain of over 10% is backed by a significant rise in trading activity (over 324,000 COMP volume), signaling institutional and retail interest. The formation of higher lows and a bullish engulfing candle support further upside movement.
As long as COMP holds above the $44.00 support zone, the bullish scenario remains valid. A clear break above $47.35 could open the way to extended gains toward $50+ levels.
Risk Management Tip: Move stop-loss to breakeven after TP1 is hit to protect gains and manage volatility.
Buy and Trade here on $COMP