$COMP Skyrocket Breakout Bulls Reclaim the Throne...
$COMP just staged a powerful breakout, surging from the $40.50 region to a high of $47.08 in one explosive candle. This move confirms buyer dominance, with the current price stabilizing around $45.70 as momentum holds.
Trade Setup
Entry Zone: $45.20 – $45.80
Target 1: $48.30
Target 2: $51.00
Stop Loss: Below $44.20
Market Insight:
The price structure is showing signs of continuation as COMP holds steady after the breakout. Volume remains healthy, suggesting more upside if bulls maintain control. Watch closely for a retest followed by the next leg upward.