$COMP SHAKEOUT: $15K Long Wipped Out at $53.19 ๐ป๐
COMP slid hard from $57.74 down to $53.19, taking out a $15K long and reminding everyone how fast things can turn..๐ฅ๐ฅ That drop cleared weak positions and set the stage for the next move.
Now #Comp is hovering near a critical area. If buyers step up around $52.00, we could see a bounce back toward $55.00โ$55.50. A sustained push above $55.50 with solid volume would hint at renewed strength.
On the flip side, if selling pressure persists and COMP breaks below $52.00, it may test $50.00 or even lower before finding true support.