MyCryptoParadise

COMP/USDT bullish horizon ascending channel? ๐Ÿš€COMP Analysis

Long
BINANCE:COMPUSDT   COMP / TetherUS
๐Ÿ’Ž Paradisers, set your sights on #COMPUSDT as it navigates an ascending channel, gearing up for a promising move from its demand zone.

๐Ÿ’Ž #COMPOUND has faced resistance at $75.92, leading to a retreat. Currently, it's challenging the resistance within the ascending channel, displaying strong momentum with significant green candles. This indicates a potential break above resistance. Maintaining this momentum could catalyze a significant bullish journey, pushing past key resistance levels.

๐Ÿ’Ž In the dynamic world of cryptocurrency, flexibility and adaptability in strategy are crucial. If #COMP encounters difficulty in maintaining its ground at this critical demand zone, switching gears to a backup plan may be necessary. A bullish resurgence from the support level at $61.05 could be on the horizon.



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