$COMP /USDT LONG TRADE SIGNAL – BULLS BACK IN ACTION
Entry Price: $56.53
Target 1: $56.84
Target 2: $59.27
Final Target (TP3): $60.00
Stop Loss: $50.11
Why Long?
#Compound ($COMP) is regaining bullish momentum, currently up +3.38%, trading at $56.53. After a strong rebound from the $50.11 low, price action is showing clear signs of trend recovery. The 24h high of $56.94 is within reach, and volume is backing the move with over 370K COMP traded and $19.54M in USDT volume.
If bulls sustain pressure above $56.50, a breakout toward the key resistance at $60.00 looks likely. This zone has acted as a ceiling in the past, and a clean push through it could open doors for further upside.
Technical Snapshot:
• Higher lows forming
• Volume steadily climbing
• $56.84 is the immediate resistance to clear
Risk Management Tip:
Take partial profits at each target and move your stop-loss to entry once TP1 is hit. Protect gains while letting the trade run toward $60.00.
Buy and Trade here on $COMP