$COMP /USDT
Market Insight
$COMP has surged +10.51% in the last 24h, with price pushing through $50 and holding above the SAR (49.97) — a bullish sign. The MACD (0.39) is strongly positive with widening DIF (1.27) vs. DEA (0.89), confirming strong upside momentum. Volume supports the move, suggesting bulls are in control for now.
The price is consolidating just below the 24h high of 54.02, making this a potential bull flag setup or temporary cooling before continuation.
Entry Zone
$50.50 – $51.50 USDT
A pullback to this consolidation zone provides a safer entry with reduced risk, especially near the EMA/SAR levels.
Targets
🎯 Target 1: $54.00 (recent high)
🎯 Target 2: $57.20 (next resistance from historical levels)
🎯 Target 3: $62.00 (extension if momentum sustains)
Stop Loss
🔻 $48.50 USDT
Below the SAR and strong support near prior breakout level.
Key Levels
Support: $49.97 (SAR), $48.85, $46.98
Resistance: $54.02, $57.20, $62.00
Pivot Zone: ~$51.50
Pro Tip
Watch for a retest of the $50.70–$51.50 zone with low selling volume — this could act as a launchpad. If it breaks above $54 on volume, consider trailing your stop to lock in gains.
#BTC120kVs125kToday #USCryptoWeek #StrategyBTCPurchase #ETHBreaks3k #TradingStrategyMistakes