$COMP /USDT Token Forming Double Top Pattern, Market May Go Down
The #COMP /USDT token is currently forming a double top pattern, which is a bearish reversal pattern. This means that the price of the token may go down after reaching a peak.The price of COMP/USDT is currently trading at $79, and it has come up to $53 from its previous peak.
If the price breaks below the neckline of the double top pattern, it could see a move down to the next support level at $65.00.However, it is important to note that technical analysis is not always accurate, and the price of COMP/USDT could break out of the current pattern in either direction.
It is always advisable to do your own research before making any trading decisions.