$COMP /USDT – Heading Towards a Breakout! ⚡️
Current Price: $40.88 (-1.04%)
📈 Market Structure:
Recovering from a low of $39.16 with higher lows
Price stabilizing above the support area at $40.50
Currently forming a bullish trend under the resistance level of $41.00 directly
📊 Trading Setup:
Entry Area: $40.70 - $41.00
Profit Target 1: $41.50
Profit Target 2: $42.30
Profit Target 3: $43.50
Stop Loss: $40.10 (below the support level and wick structure)
📌 Main Resistance Level: $41.50 - $42.30
📌 Main Support Level: $40.10 - $39.20
💡 Professional Tip:
Watch for a clear breakout above the level of $41.20 with trading volume - this could lead to a rapid rise towards $43 or more. Ideal for quick breakout trades. 🚀 Stock $COMP closes sharply higher - traders who achieved a breakout, be ready!
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