$COMP / On the Edge of the Abyss - Bullish Breakout or False Rise? 🔥
The COMP stock shows strength with a rise of +1.74%, currently reaching $51.39, breaking through critical areas for the possibility of continuation. The battle intensifies between the bulls and the bears!
📈 Bullish Trading Setup
🔹 Entry Zone: $50.80 - $51.50
🔹 Stop Loss: $49.20
🔹 Targets:
🎯 First - $52.80
🎯 Second - $54.60
🎯 Third - $57.20
📊 Key Technical Indicators:
✅ Indicator: $51.59 (slightly above, await confirmation)
✅ 24-hour Trading Volume: $5.29 million in Tether
✅ 24-hour Trading Range: $49.73 - $52.00
✅ Sharp increase in trading volume and crossover of its moving average on the horizon
🚀 A close above $52.00 with high trading volume may indicate a rise. Keep an eye on the COMP indicator - momentum is rapidly increasing!
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