$COMP /USDT – Bullish Momentum in Play!
Momentum Analysis: COMP is up by 15.39%, demonstrating a strong bullish push. Price is currently at $51.42, near the 24h high of $51.82, signaling sustained upward momentum. The coin is seeing significant trading volume, which confirms strong interest from traders.
Long Setup:
Entry Zone: $51.42 (current price)
Targets: T1 = $52.50, T2 = $53.50, T3 = $55.00
Stop Loss: $50.00 (below recent support)
Breakout Confirmation Level: $51.82 – Once surpassed, expect a potential continuation toward $52.50+.
Key Support: $50.00 – A strong floor level to watch for a potential pullback.
Pro Tip for Traders: Watch for a confirmed break above $51.82 to lock in bullish momentum and a potential push toward higher targets. Keep an eye on volume for confirmation of the trend.
Relevant Hashtags: #COMP #CryptoTrading #DeFi #Breakout #Bullish