🔷 $COMP
– COMPUSDT (Perpetual Futures)
Price: $41.58
Change (24h): +1.44%
Status: Range-bound with weak breakout attempt
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📊 Key Trading Data:
24h High: $42.02
24h Low: $40.40
Mark Price: $41.59
24h Volume (COMP): 303,415
24h Volume (USDT): $12.49M
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📉 Support & Resistance Levels:
Immediate Resistance: $41.74
Major Resistance Zone: $42.02–$42.11 (local high & sell wall)
Support 1: $41.03
Support 2: $40.40 (24h low, key bounce zone)
Critical Support: $40.00 (psychological and round number support)
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📈 Volume & Moving Averages:
Current Vol (15m): 7,851 COMP
MA(5): 13,683
MA(10): 13,187
🔸 Volume is decreasing after a push toward highs, signaling potential slowdown in buying strength near resistance.
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🧠 Technical Insight:
COMP is hovering near resistance at $42.02, but facing supply pressure. Bulls need a clear break and hold above $42.11 to resume upward momentum. Failing that, price may range or pull back toward $40.40–$41.00.
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🎯 Trade Ideas:
🔹 Breakout Long Play (if $42.11 breaks):
Entry: $42.15
TP1: $43.20
TP2: $44.00
SL: $41.40
🔁 Pullback Buy Entry:
Buy Zone: $40.50–$41.00
TP: $42.00
SL: $40.20
🔻 Short Setup (if rejection confirmed):
Entry: $41.90–$42.00
TP1: $41.00
TP2: $40.40
SL: $42.30
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📌 Summary:
$COMP is attempting to break resistance, but without strong volume support. A decisive move above $42.11 could open up upside targets, but traders should be cautious of a fakeout, especially if volume stays muted. Clean structure supports both breakout continuation or short-term range trading.
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⚡️ Bias: Neutral-Bullish (short-term), waiting for breakout confirmation or dip retest
Let me know if you want a watchlist summary, or if you’d like this ranked with your earlier coin entries by momentum, strength, or setup clarity.
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