$COMP COMP market analysis:
Currently, the 1 to 4 hour level and the daily level are all clear bearish trends. It is recommended to calmly wait for a better entry point for long orders and bottom-fishing operations.
From the daily level perspective, the price is kept below 50.60, and the bearish dominance continues.
Short-term monitoring of the 4-hour chart, the rebound did not break the 51.04, 51.69, and 52.32 resistances, and the downward trend may continue.
Short order target: around 48.96 and 48.63.
For those who are short in spot, positions can be opened in batches near 48.63 and 47.94 areas to seize the opportunity of callback layout.
The essence of spot investment: keep up with the market pulse, be flexible and adaptable, and steer the market fluctuations steadily.
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