🚨 COMP/USDT DUMPING – Trend Reversal or Trap?
💸 Current Price: $50.07 (-8.03%)
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📊 Market Snapshot:
🕳 24H Low: $48.33
📈 24H High: $54.71
📉 RSI: 25.83 → Near Oversold
📊 Volume Spike: 143K COMP traded in 24H
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🔎 Technical Analysis:
🔻 Down -16.65% in 7 Days
⛓ Price Rejected at $62.75 – Heavy resistance
📉 Now testing mid-support zone (~$48-50)
🔄 MA(5) < MA(10) = Short-term bearish crossover
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🧠 What's the Play?
1. 🔄 Possible short-term relief rally if $48 holds
2. 🧱 Breakdown below $48 = Risk of freefall toward $43
3. 🧬 Watch RSI >30 for confirmation of reversal
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📌 Final Thoughts:
➡️ Smart money watches support & RSI zones – don’t trade emotionally.
➡️ COMP could rebound — or break down harder. Eyes on $48!
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