Current price of $COMP is at 46.95 USDT, showing a ranging market structure.

The support level sits at 45.99 USDT, while resistance is at 48.72 USDT.

A breakout above resistance could signal a bullish entry, whereas a bounce off support presents a pullback opportunity.

Trading volume of 5491.451 suggests moderate interest but is not overly strong.

Be cautious of volatility influenced by Bitcoin movements and external macroeconomic events.