$COMP

/USDT: DeFi Awakens — Is Compound Brewing a Breakout?💯📈

$COMP is surging with strong gains, hitting $50.59 at its 24h high. Volume is accelerating (402K COMP, $18.5M in USDT), suggesting strong spot and possibly DeFi narrative rotation.

Entry

Buy range: $49.20 – $50.20

Ideal for dips within the bullish trend. The breakout zone is forming support.

Targets

🎯 Target 1: $53.00 – psychological level, minor resistance

🎯 Target 2: $55.80 – April's supply zone

🎯 Target 3: $59.90 – macro resistance last tested in March

Stop Loss

Below $47.40 – confirms rejection and trend reversal risk

Key Levels

Support: $48.80, $47.40

Resistance: $53.00, $55.80

Pivot: $50.50 — above this, momentum may accelerate

Pro Tip

If BTC remains above key supports, COMP has room to stretch. Trail stop loss on the way up. If DeFi volume spreads to coins like AAVE or SNX, COMP can lead the wave — consider stacking setups across the sector.

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