$COMP USDT – LOWER HIGH FORMATION SIGNALS SELL PRESSURE – SHORT TRADE SIGNAL
After a failed bounce from $43.52, price is printing lower highs below $44.37 resistance. Sideways candles with rejection wicks hint at weakening bullish attempts and likely continuation to the downside.
Trade Setup:
Short Entry: 44.05
Targets: 43.60 / 43.10
Stop Loss: 44.55
Market Outlook: Trend remains bearish below $44.50 as sellers continue to defend resistance levels. Breakdown below $43.50 could trigger accelerated sell-off.
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