A 20 percent surge rarely tells the whole story on lower volume. đ
$COMP sits at $25.77 following a sharp session, backed by $14.33M in 24-hour volume. Yet hourly activity cooled drastically as momentum slowed near the $29.3 session peak.
Watch the $29.3 high for a potential continuation setup, but risk rises if price slips back toward the $21.2 range low.
Will you wait for a confirmed volume breakout past the high, or step aside if the retrace level fails?
Tap $COMP for the live chart. #COMP #BinanceSquare
$COMP sits at $25.77 following a sharp session, backed by $14.33M in 24-hour volume. Yet hourly activity cooled drastically as momentum slowed near the $29.3 session peak.
Watch the $29.3 high for a potential continuation setup, but risk rises if price slips back toward the $21.2 range low.
Will you wait for a confirmed volume breakout past the high, or step aside if the retrace level fails?
Tap $COMP for the live chart. #COMP #BinanceSquare