$COMP is showing strong momentum after the sharp breakout, but this move is now looking increasingly stretched.
Price has pushed rapidly toward the $18.00 area, and the current zone could attract profit-taking and fresh sellers. I’m watching for a clear rejection or loss of short-term support before considering the short.
Short setup looks interesting here, but avoid chasing blindly. Wait for confirmation and manage risk carefully.
DYOR (Do Your Own Research).
Price has pushed rapidly toward the $18.00 area, and the current zone could attract profit-taking and fresh sellers. I’m watching for a clear rejection or loss of short-term support before considering the short.
Short setup looks interesting here, but avoid chasing blindly. Wait for confirmation and manage risk carefully.
DYOR (Do Your Own Research).