๐ COMP/USDT Market Analysis;
Date: June 4, 2025
Platform: Binance
๐น Current Price
$46.37 USDT
โน13,085.61 INR (approx.)
24h Change: +11.31% ๐
Category: DeFi | Status: Gainer
๐ 24-Hour Price Range
High: $51.24
Low: $41.49
A wide intraday swing suggests active market participation and significant volatility in the COMP token.
๐ Volume (24H)
COMP Volume: 748,028.64 COMP
USDT Volume: 35.16M
This strong trading volume supports the current bullish movement and shows increased investor interest.
๐ Moving Averages
MA(60): 46.68 (grey line)
MA(5): 225.969
MA(10): 321.100
The current price is slightly below the MA(60), indicating that the recent upward movement is still catching up with longer-term resistance levels.
๐ Volume and Price Behavior
Noticeable spikes in buying volume (green bars) are visible in the latter part of the chart, coinciding with short upward price jumps.
Price has dipped slightly from the earlier session highs, indicating possible intraday resistance near $47โ$48.
๐ Performance Overview
TimeframeChange (%)Today+3.83% ๐ข7 Days+7.84% ๐ข30 Days+17.13% ๐ข90 Days-9.29% ๐ป180 Days-60.43% ๐ป1 Year-21.05% ๐ป
Insight:
Short-term (7โ30 days): Bullish trend emerging
Medium to Long-term (90+ days): Still in recovery from extended losses
Momentum appears to be shifting positive but caution is advised on sustained rallies.
๐ Technical Summary
Short-term sentiment: Bullish recovery
Immediate resistance: Around $47.00โ$48.50
Support levels: $45.30โ$44.00 range
Watch for: Breakout above $51.24 for continuation of bullish move
๐ Conclusion
COMP/USDT is currently in a rebound phase, gaining over 11% in 24 hours with good volume support. Short-term traders may find opportunities on intraday pullbacks or breakouts, but medium-term holders should monitor for consolidation or rejection at key resistance zones.