$COMP /USDT 4H Trade Setup
Market Insight:
$COMP is currently up 5.81%, trading at $50.08, with momentum building above key short-term levels. MACD is slightly bullish (DIF 1.04 > DEA 1.00), indicating steady but cautious momentum. The price is approaching SAR resistance ($53.47) and just below the 24H high ($53.55), suggesting a possible breakout or a pullback soon.
š¹ Entry Zone:
$48.60 ā $50.20
(Buy the dip or retest of mid-support near $49 before continuation)
šÆ Targets:
Target 1: $53.50
Target 2: $55.80
Target 3: $58.00
š» Stop Loss:
$46.00
(Below recent swing low and invalidation point)
š Key Levels:
Support: $48.64 / $46.05
Resistance: $53.55 / $55.80
Pivot Zone: $50.40
š” Pro Tip:
Watch for a clean breakout above $53.55 with strong volume for continuation toward mid-$50s. If rejected, price may range or pull back to $48.60 before another attempt ā offering re-entry opportunities.
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