$COMP Bullish Momentum Breaking Key Levels!
$COMP is trading at 51.48, up +7.36% in the last 24H, after rallying from a low of 47.42 to test the 51.57 high. The strong breakout above the psychological $50 mark signals renewed buying interest, with bulls targeting higher resistance zones as momentum builds.
Support and Resistance
• Resistance: 51.57 – 52.20
• Support: 50.80 – 50.00
Trade Setup
• Entry Zone: 50.80 – 51.20
• Stop Loss: 50.00
🎯 TP1: 51.57
🎯 TP2: 52.20
🎯 TP3: 53.00
Market Insights
$COMP has shown a clean breakout from consolidation, backed by a surge in volume, indicating strong buyer control. If price sustains above 50.80, we can expect continuation toward the 52+ zone, with potential to challenge 53.00 in the short term.