๐จ $COMP COMP/USDT ALERT: Up 16.45% โ Approaching Critical Resistance! ๐จ
Compound (COMP) is surging, currently trading at $118.59, after rebounding from a 24-hour low of $100.69 and touching a high of $121.95. This strong performance positions COMP for potential further gains.
Key Levels to Watch:
Resistance: $122.00 โ A breakout above this level could drive COMP toward $125.00, $130.00, and potentially $135.00.
Support: $111.50 โ Holding above this level is crucial to sustain the bullish momentum and avoid a retracement.
๐ก Market Outlook:
COMPโs sharp upward move signals strong buying pressure, with further upside likely if it clears the $122.00 resistance. A failure to break this level might lead to consolidation or a retest of the $111.50 support zone.
๐ Trading Tip: Keep an eye on breakout confirmations above $122.00, and manage risks carefully as volatility is expected to remain high.
