$COMP โ€“ Bullish Breakout in Play! ๐Ÿ“ˆ

$COMP is trading at 54.98, up +14.26% in the last 24H, showing strong bullish momentum after breaking above the $52 level. The price is consolidating just below its 24H high of 56.18, indicating a potential push higher if buying pressure sustains.

Support and Resistance

โ€ข Resistance: 56.20 โ€“ 57.50

โ€ข Support: 53.50 โ€“ 52.00

Trade Setup

โ€ข Entry Zone: 54.50 โ€“ 55.00

โ€ข Stop Loss: 52.80

๐ŸŽฏ TP1: 56.20

๐ŸŽฏ TP2: 57.50

๐ŸŽฏ TP3: 59.00

Market Insights

$COMP is maintaining strength near its recent highs, suggesting bulls are still in control. A confirmed breakout above 56.20 could lead to another rally towards 59.00, while holding above 53.50 will keep the bullish trend intact.

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