📘 $COMP Coin – Reversal Attempt with Clean Risk-to-Reward

$COMP is attempting a bounce after forming a local bottom near support. Early signs of strength and increasing volume suggest potential for a short-term upward move.

📊 Technical Analysis:

Trend: Reversal in early stage

Support Zone: $55.20 – $56.00

Indicators:

RSI: Turning upward from 40 — shows strength building

MACD: Bullish crossover active on 1H

Price reclaiming short-term EMA levels with growing buyer interest

💹 Trade Setup:

Entry Zone: Around $56.80 – $57.50 (look for breakout from intraday wedge)

Target Price: $59.84

Stop-Loss: Below $55.00 or as per your capital setup

❌ No use hash price — rely only on chart and clean confirmation

Setup Type: Reversal-to-resistance setup

📈 Strategy Tip: Watch for a 1H close above $57.80 to confirm bullish strength. If volume backs it up, price may move quickly toward $59.84.

⚠️ Risk Management:

Enter with a plan, not FOMO

Exit partially near resistance if momentum slows

Use risk-adjusted sizing

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