$COMP USDT exploding +32.61% in the last 24 hours, surging from lows around 15.83 to the current price of 21.35 USDT (mark price ~21.33)! This perpetual futures chart on Binance captures a powerful bullish reversal — after a sharp downtrend, price smashed through the middle Bollinger Band, tagged the lower band earlier, and now rockets with a strong green candle closing near the high.
Key indicators screaming momentum:
RSI(6) at 72.69 → overbought but strong bullish thrust (RSI(14) 53.84 climbing)
Stochastic showing %K 47.48 crossing up, %J 73.81 in overbought territory — momentum building fast
Price broke above the 1D downtrend line and previous resistance zone (~19-20)
Volume supports the move with fresh buying pressure
This looks like the start of a strong bounce/recovery leg for Compound! Bullish breakout confirmed — expect continuation toward the upper Bollinger (~25.30) and prior highs near 27-28 if momentum holds.
🚀 TRADE IDEA: LONG
$COMP USDT Now!
Entry: around 21.35–21.50
Take Profit 1: 23.50 (+10%)
Take Profit 2: 25.30 (+18–19%)
Take Profit 3: 27.93 (+30%+)
Stop Loss: 19.80 (below recent swing low & middle BB for protection, ~7% risk)
Don't miss this momentum play — Compound is heating up fast in this volatile market! Load up on the dip or ride the wave higher. Trade smart, manage risk.
Follow & turn 🔔 on for more high-conviction setups! ✅ What do you think — more upside ahead? Drop your targets below!
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