#swingtrading
$COMP
/USDT LONG (Daily)
Entry: $17.55 - $17.90
Stop-Loss: $16.68
Take Profits:
TP1 (50%): $18.45
TP2 (30%): $19.16
TP3 (20%): $19.87
Leverage: 8-12x
Risk: 1-2%
Reasoning:
COMP has rallied above the daily 55 EMA for the first time in weeks and is now retesting it as support. If the 55 EMA holds, this could set up continuation toward the next resistance levels.
$COMP
/USDT LONG (Daily)
Entry: $17.55 - $17.90
Stop-Loss: $16.68
Take Profits:
TP1 (50%): $18.45
TP2 (30%): $19.16
TP3 (20%): $19.87
Leverage: 8-12x
Risk: 1-2%
Reasoning:
COMP has rallied above the daily 55 EMA for the first time in weeks and is now retesting it as support. If the 55 EMA holds, this could set up continuation toward the next resistance levels.