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$COMP is currently "Consolidating" at $20.80, and the DeFi OG is ready for a massive Governance-Driven Relief Rally! 🚀
While the "Smart Money" tried to cut off rewards, the community stood firm, voting to keep the protocol’s yield engine running. This has triggered a massive 23% price surge and a 500% spike in trading volume ($132M+ in 24h). Despite being 97% below its ATH, COMP is showing "Relative Strength" by holding above its crucial $19.60 support. The Gauntlet Risk Management renewal (through Sept 2026) ensures the protocol remains the safest lending hub in the industry.
Technically, COMP has just flipped the $20 psychological barrier into support. On the 4H chart, we are seeing a "Bullish Flag" formation. A clean break above $24.22 (24h high) will trigger a "Short Squeeze" toward $35.00, as the market realizes the bottom is officially in! 🟢🔥
Long
$COMP (The DeFi Governance Alpha)
🟢 Long: 19.50 – 21.00
🎯 TP1: 22.50
🔥 TP2: 24.00
🚀 TP3: 28.50
🛑 SL: 18.00
This is a "Mean-Reversion" play. Use 5x to 10x leverage with 1% margin. The floor is rock-solid at $15.20—front-run the DeFi 2.0 rotation before
$COMP reclaims its $50+ territory! 📈💥
Click below to Take Trade 👇
#Comp #MarketRebound #CPIWatch #USRetailSalesMissForecast #USNFPBlowout