$COMP Strong breakout on the one-hour chart 💥
The price surged from $50.11 to $55.92 (+11.6%) with a strong green candle on the one-hour chart!
The increase in trading volume confirms the momentum, and the price is heading towards its 24-hour high of $57.01.
We are now looking for continued trading in case of a breakout of resistance.
The order book shows greater selling pressure (67%), so short-term pullbacks are likely - but the breakout is active and the high trading volume favors bullish traders!
Watch the price above $57 for confirmation.
📊 Trading Setup (breakout):
• Entry zone: $55.50 - $56.00
• Take profit 1: $57.80
• Take profit 2: $59.60
• Take profit 3: $62.00
• Stop loss: $53.80
Buy and trade here $COMP
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