COMP/USDT Bounce with strong green candle, Potential back to UP!
💎 COMP has recently experienced notable market dynamics, particularly with a bounce from a support area.
💎 A strong green candle suggests potential upward movement, with a key resistance level at $80.7 needing to be breached for further bullish momentum toward our target strong resistance area.
💎 However, failure to break this resistance could lead to a retest of the support area, potentially creating a new momentum for a breakout.
💎 Should COMP fail to bounce from the support, the next stop would be the demand area around $55.8. COMP must bounce from this area and reclaim the price above the support to sustain the upward movement.
On the contrary, a breakdown below the demand area and the support trendline would confirm a bearish sentiment, likely resulting in further downward movement.
💎 A strong green candle suggests potential upward movement, with a key resistance level at $80.7 needing to be breached for further bullish momentum toward our target strong resistance area.
💎 However, failure to break this resistance could lead to a retest of the support area, potentially creating a new momentum for a breakout.
💎 Should COMP fail to bounce from the support, the next stop would be the demand area around $55.8. COMP must bounce from this area and reclaim the price above the support to sustain the upward movement.
On the contrary, a breakdown below the demand area and the support trendline would confirm a bearish sentiment, likely resulting in further downward movement.
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Follow a team of traders with 10+ years of experience?
JOIN FREE👉 t.me/+IaNzEzXsdiBlNDg0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV