$COMP
/USDT – Rejection at the Top, Bears Stepping In? ⚠️
From $47.89 to $45.26… Is the Rally Losing Steam?
$COMP showed strong bullish momentum earlier, reaching a 24h high of $47.89, but the price has since pulled back sharply to $45.26, now dipping -0.40% on the 15m chart. This could be a classic bull trap if buyers don’t reclaim control soon.
📊 Market Snapshot:
• Current Price: $45.26 (+1.82%)
• 24h High: $47.89
• 24h Low: $44.32
• Volume: 221.5K COMP / 10.23M USDT
• Trend: Sharp rejection from top, lower high forming
🔍 Short-Term Outlook:
Watch for a bounce above $45.50 to resume bullish structure. But if the price drops below $44.80, expect further downside as momentum fades.
🧠 What’s your take — is COMP gearing up for another leg, or was that the top?