$COMP /USDT Short Term Update 📊

COMP is trading near 62.40 after a small bounce from the recent intraday low. Price is now moving into a short term resistance zone where sellers were active earlier. Momentum is fading and upside looks limited for now.

🔹 Short Setup

Entry: 62.00 to 63.50

SL: 66.20

TP1: 59.80

TP2: 57.50

TP3: 54.80

Price is struggling to break and hold above the 64 zone. If rejection confirms on lower time frames, we can see a pullback toward the 58 support area and possibly lower. Volume on the recent push up is not strong, which supports a short term bearish bias.

Invalidation: If price closes strong above 66.20, this setup becomes invalid.

Risk only what you can afford to lose.

Trade $COMP here 👇

COMPUSDT

Διην.

17.65

-3.76%