COMP price breaks the downtrend and rebounds strongly!
The market momentum of Compound has rebounded, breaking through the previous downtrend line, successfully pushing above the bearish range. Although there has been some pullback currently, the bulls still maintain a healthy upward momentum, and the interest from market participants has significantly increased, indicating that a stronger rise may be on the horizon in the coming days!
Market analysis:
Trading volume has fluctuated frequently, and volatility has increased, which means that prices may experience intensified fluctuations in the short term, and investors should be prepared to respond.
CMF capital inflow has significantly increased, showing that market participants' confidence is rebounding, and the COMP price is expected to continue its upward trend.
If it can break through the $48 level, the target price of $100 in the short term may bring more opportunities to the market.
Potential risks:
Although bullish sentiment is heating up in the short term, increased market volatility may lead to short-term pullbacks, and investors should remain flexible and respond promptly to take profits and stop losses.
Summary:
The upward momentum of COMP is still present, and the market's momentum continues to strengthen, but investors still need to be vigilant about potential short-term fluctuations. While seizing this upward trend, remember to respond flexibly; risk control is the key to steady profits!#Comp #PEPE #TRUMP #TRUMP晚宴 #shi
