#COMP/USDT Strong Bullish Surge
$COMP is up currently trading at $51.48, with a daily range between $49.73 – $52.00. Price action suggests a slow but steady recovery, sitting just below minor resistance at $52. Volume is moderate ($5.3M USDT), indicating cautious accumulation.
Entry Zone:
$50.80 – $51.60 (buy on mild retracement)
Targets:
1. $53.00 – short-term resistance
2. $55.40 – key breakout level
3. $58.00 – strong swing resistance
Stop Loss:
Below $49.40
Key Levels:
Support: 49.75 / 48.50
Resistance: 52.00 / 53.00 / 55.40
Pivot: 51.00
Pro Tip:
If COMP breaks above $52.00 with increasing volume, it may trigger a breakout to $55+. Use trailing stops in case of volatility spikes common with DeFi tokens.