COMP/USDT Breakout the pattern, Ready to continue upward ??

💎COMP has undoubtedly attracted significant attention in the market. Currently, it has broken out of the resistance trendline, signaling a bullish momentum.

💎 However, there is potential for a retesting phase before the price continues its upward movement. In such a scenario, COMP probability may return to the strong resistance area, especially considering the overall trend appears to be massively bullish.

💎 On the flip side, if COMP fails to bounce when undergoing the retesting phase at the trendline or even breaks down the bullish trend support, this could be concerning. A broken bullish trend would indicate a shift to a downward movement, and the next target would be the Bullish OB area.

💎 When COMP reaches the Bullish OB area, it is crucial for it to bounce from this level. To sustain the upward movement, COMP would need to reclaim the area above the bullish trend support. Failure to do so may result in the demand area breaking down, leading to further downward movement in the price.

Trade closed: target reached:

Boom! #COMP is doing just what we said. Up 84.22% and looking good!