$COMP /USDT ā SPIKE & DIP: IS THE PARTY OVER? šš
$COMP just pulled off a wild ride ā soaring to $51.24, then sharply correcting back to $46.42. Still up +11% on the day, but profit-taking is clearly in motion.
The 1H chart shows a classic wick rejection, and the momentum may cool unless bulls defend the $45.5ā$46 zone.
š Retracement Trade Setup:
ā¢ Entry: $45.8 ā $46.4
ā¢ TP1: $48.2
ā¢ TP2: $50.0
ā¢ SL: $44.7
šØ Watch volume closely ā another bounce could fuel a second leg up, but the window is tight.
