Current price is showing strong activity, trading around $33.98 with a +3.4% gain in the last 24 hours. After a clear bounce from the $32.20–32.30 support zone, the market has shifted into tight consolidation near resistance, which often acts as a launchpad for the next move.
On the 1H timeframe, bullish candles and higher lows are forming, indicating momentum is slowly building. Price is holding above the mid-range, suggesting buyers are in control as long as support remains intact.
If the $34.00–34.20 resistance is broken with strong volume, this consolidation can turn into a sharp upside expansion, potentially triggering a strong rally toward higher targets.
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$COMP /USDT
Current price is showing strong activity, trading around $33.98 with a +3.4% gain in the last 24 hours. After a clear bounce from the $32.20–32.30 support zone, the market has shifted into tight consolidation near resistance, which often acts as a launchpad for the next move.
On the 1H timeframe, bullish candles and higher lows are forming, indicating momentum is slowly building. Price is holding above the mid-range, suggesting buyers are in control as long as support remains intact.
Trade Setup
• Entry Zone: $33.50 – $33.80
• Target 1 🎯: $34.60
• Target 2 🎯: $35.50
• Target 3 🎯: $36.80
• Stop Loss: $32.80
If the $34.00–34.20 resistance is broken with strong volume, this consolidation can turn into a sharp upside expansion, potentially triggering a strong rally toward higher targets.
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