๐ $COMP USDC Breakout Alert ๐ | Binance 4H Chart
After a sharp recovery from the $44 zone, $COMP USDC has reclaimed momentum with a bullish engulfing candle and strong volume confirmation. The consolidation near $48 suggests a potential continuation if buyers hold control. ๐
๐ Technical Highlights:
- Bullish breakout from descending structure โ
- Strong wick rejection from $44 support ๐ฅ
- Volume spike confirms buyer interest ๐
๐ฏ Trade Setup:
- Entry Zone: $47.80โ$48.20
- Targets:
- ๐ฏ Target 1: $49.50 (minor resistance)
- ๐ฏ Target 2: $51.00 (psychological level)
- ๐ฏ Target 3: $53.20 (next liquidity zone)
- Stop Loss: Below $46.80
๐ก๏ธ Risk Management Tip:
Use trailing stop once Target 1 is hit to lock in profits. Avoid overleveragingโthis setup favors momentum traders with tight discipline.
๐ฌ Motivational Boost:
Small accounts win big by mastering entries, exits, and mindset. This isnโt just a tradeโitโs a step toward consistency. Letโs grow smart, not fast. ๐ช
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