$COMP
/USDT – Squeezing Into Decision Zone! ⚠️
Bearish Rejection Near $48, But Structure Holds for Now
$COMP surged into the $47.8–$48.2 resistance zone before getting rejected sharply. The price now sits at $45.22 (-1.35%), compressing within a rising wedge pattern. This is a classic squeeze setup — and the next move could be explosive.
📊 Chart Insight:
• Resistance Block: $47.8 – $48.2
• Support Trendline: Still intact around ~$44.8
• Pattern: Rising wedge with lower momentum
🔍 Outlook:
• A break below $44.8 could confirm a bearish reversal toward $42.5
• A breakout above $48.2 would invalidate the wedge and reignite bullish momentum toward $51+
📉 Currently leaning neutral-to-bearish unless bulls step in aggressively.
📢 Will $COMP collapse from the wedge or surprise breakout? Watch closely!
