๐ด $COMP | R3 resistance is pushing the price!
๐ฐ Price: 16.543
๐ R3: 16.550
๐ 5M: +0.07%
๐ด Recommendation: SHORT cautiously after confirmation of rejection.
๐ฏ TP1: 16.45
๐ฏ TP2: 16.30
๐ฏ TP3: 16.10
๐ SL: 16.70
๐ The price is very close to R3 at 16.550, so the area is suitable to watch for rejection and take profits.
๐ฅ SHORT confirmation: Break 16.45 while the selling pressure continues.
๐ข A breakout above 16.70 and holding over it cancels the SHORT scenario.
โ ๏ธ Donโt enter just because price touches resistance; wait for confirmation of the move.
$COMP #COMP #COMPUSDT #Binance
๐ฐ Price: 16.543
๐ R3: 16.550
๐ 5M: +0.07%
๐ด Recommendation: SHORT cautiously after confirmation of rejection.
๐ฏ TP1: 16.45
๐ฏ TP2: 16.30
๐ฏ TP3: 16.10
๐ SL: 16.70
๐ The price is very close to R3 at 16.550, so the area is suitable to watch for rejection and take profits.
๐ฅ SHORT confirmation: Break 16.45 while the selling pressure continues.
๐ข A breakout above 16.70 and holding over it cancels the SHORT scenario.
โ ๏ธ Donโt enter just because price touches resistance; wait for confirmation of the move.
$COMP #COMP #COMPUSDT #Binance