#COMP🚀🌕 from $37 to $79 and facing downtrend towards $42 and going back towards $50+.... From Whiplash to Breakout $COMP Reloads for Round Two❗After that explosive $79.99 spike and healthy cooldown, #COMP ’s curling back up momentum brewing, and a fresh breakout could be right around the corner. $COMP Grinding Higher Bulls Retake Control After $42 Dip❗
Current Price: $46.55
24H Change: +6.74%
24H Range: $42.03 – $47.13
Timeframe: 1H
After a sharp sell-off that dragged COMP down to $42.03, the bulls have come roaring back. The price action has been forming clean higher lows with steady green candles, showing renewed strength and trend reversal on the hourly chart.
Why it stands out:
Strong rebound off key $42 support
StochRSI maxed at 100 signals bullish momentum is alive
Break of previous resistance zones with consistent volume
Buyers dominate with 65% control on the order book
Key Technical Levels:
Immediate Support: $45.00
Current Resistance: $47.15
Breakout Zone: Above $47.20
Next Upside Targets: $48.60 and $49.70
Stop-Loss Suggestion: Below $44.30
Trade Insight:
If COMP closes above $47 on strong volume, it could easily retest the $49.66 high. As the market shifts bullish, dip-buyers and momentum traders may drive another leg up.
Quick Tip:
Watch the volume around resistance if it starts surging again with candle confirmation, expect a breakout chase. Lock partial profits near $48+ while trailing your stop for the rest.
buy and trade here $COMP