COMP/USDT – Wedge Breakout Could Spark a Big Rally
COMP/USDT is trading within a tightening wedge pattern, supported by rising trendlines and facing a descending resistance. RSI sits at 51.66, indicating neutral momentum, while stochastic RSI is in the oversold zone, hinting at an upward push. Bollinger Bands are narrowing, suggesting a strong upcoming move. If price bounces from support, a scalping trade could deliver quick gains, but a confirmed breakout above the wedge may trigger a massive rally.
Entry: $42.58 or $41.51
1st TP: $51.73
2nd TP: $59.48
3rd TP: $76.67
4th TP: $101.79
Stop Loss (SL): $33.60