$COMP Decision Point After Downtrend!
After a textbook bullish breakout from consolidation, $COMP surged and hit $57.12 before forming a double top. Since then, the market entered a clear downtrend, but now we see early signs of recovery. Price is consolidating again will we see liftoff or another rejection?
Trade Idea (Cautious Long):
• Entry Zone: $47.00 – $47.40
• TP1: $49.10
• TP2: $51.50
• TP3: $54.00
• Stop Loss: Below $46.10
Key Insight: Price is sitting at a critical decision zone between support and resistance. A breakout could trigger strong upside momentum but rejection may resume the downtrend. Watch this one closely.
buy and trade here on $COMP