Based on the 4-hour chart for $COMP , here is a technical analysis of the current market structure as of February 19, 2026.
1. Price Action & Trend
The chart shows a significant "pump and dump" cycle over the last few days.
Recent Peak: The price hit a local high of $24.24 on Feb 14 before entering a sustained downtrend.
Current State: The price is currently trading at $17.98, showing a -2.39% decline. It is struggling to find a floor after losing nearly all the gains from its mid-February rally.
Moving Averages: * The price is currently below the MA(25) (purple line at $19.19) and the MA(99) (light purple at $18.18).
Being below the MA(99) is a bearish signal, indicating that the medium-term trend has shifted downward.
2. Key Technical Indicators
RSI(6): Currently at 30.48. This is approaching the "oversold" territory (typically <30). While this suggests the selling pressure might be overextended, it doesn't guarantee an immediate reversal; it often indicates the asset is searching for a bottom.
Volume: The volume bars at the bottom show a massive spike during the initial rally to $24.24, but volume has since dried up significantly. This "low-volume bleed" suggests a lack of buying interest at current levels.