$COMP
🚀 COMP/USDT Analysis: Is the Rally Just Beginning? 💹
The COMP token is making waves, currently trading at $119.71 with a massive +36.66% gain in 24 hours! After surging to a high of $144, profit-taking brought the price down, but it’s holding strong near $120, hinting at a potential breakout.
Key Levels to Watch:
🔹 Support: The $110.27 level is acting as a solid floor, with further strength near $108.58.
🔹 Resistance: Immediate resistance is at $120.95. A breakout here could pave the way for $133 or even the $144 highs!
Entry Strategy:
📈 Bullish Play: Enter on a clean break above $121 with strong volume, targeting $133-$144.
📉 Caution: If the price dips below $110, wait for consolidation before re-entering.
With volatility this high, COMP is the hot pick for traders. Will it reclaim its highs, or is another pullback on the horizon? Stay sharp and trade smart! 💡
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