$COMP /USDT BEARISH MOVE LIKELY AS MOMENTUM WEAKENS 📉⚠️

🔍 Current Price: $48.44

🧭 Trend Analysis:

Despite a recent 9.99% pump, $COMP/USDT is showing bearish signals as momentum starts to fade.

The MACD is crossing down (MACD: -0.25), and RSI(6) is weak at 32.52, suggesting declining buying pressure.

📊 Key Indicators:

EMA(7): 48.99

EMA(25): 48.77

EMA(99): 46.28

🔻 Price is below short-term EMAs, confirming short-term weakness.

📉 Support Levels:

$47.94 🧱

$46.33 (major)

$44.72

📈 Resistance Levels:

$49.55 🔼

$50.80

$51.17 (major resistance zone)

🧨 TRADE SETUP — SHORT ENTRY

💥 Entry: $48.50

🎯 Targets:

TP1: $46.30

TP2: $44.

#MarketPullback #CUDISBinanceTGE #MarketPullback #EDGENLiveOnAlpha #CircleIPO $COMP