$COMP /USDT ā Short Trade Setup on Weak Rebound! š„
Current Price: $59.60 (+10.86%)
š Market Insight:
Strong rejection from the $62.30 high
Consistent lower highs forming
Weak bounce at $59.00 zone showing signs of distribution
š Key Levels:
Resistance: $60.20 ā $60.80
Support: $58.80
24H High/Low: $62.30 / $51.42
šÆ Short Trade Plan:
Entry Zone: $59.80 ā $60.50
TP1: $58.80
TP2: $57.20
SL: $61.20
š” Pro Tip:
Look for rejection candles on lower timeframes near $60.50 to confirm weakness before entering. Watch BTC's momentum as well ā it may drag $COMP with it.
ā ļø This relief bounce could be short-lived ā perfect moment for scalpers!
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