$COMP USDT SHORT SETUP – Targets $53.00 & $51.20
COMP has rallied sharply to $56.18 but is now showing early signs of exhaustion. The rejection from the high, combined with lower highs forming on the intraday chart, suggests sellers may be taking control for a possible retracement.
📊 Trade Setup:
Entry Zone: $54.00 – $54.20
TP1: $53.00
TP2: $51.20
Stop-Loss: Above $55.10
If price breaks below $53.00, the selling pressure could accelerate toward the $49.40 zone.