$COMP BULLISH BREAKOUT IN PLAY – BUYERS AIMING HIGH! 🚀
$COMP is showing strong upward momentum after holding above the key support at 34.21 (MA25) and pushing past the short-term MA7 at 35.08. The recent bounce from 32.20 (24h low) toward 35.83 (24h high) confirms buyers are in control, with volume supporting the surge. Expect a continuation toward 35.97 – 36.20 if momentum sustains, making this a high-probability long setup.
Trade Setup:
Entry Zone: 34.81 – 35.34 (support area near MA25 / recent consolidation)
Take Profit 1: 35.83 (recent 24h high)
Take Profit 2: 35.97 – 36.20 (momentum extension)
Stop Loss: 33.66 (below MA99 and consolidation low)
Short Market Outlook:
Momentum is bullish across major timeframes with MA7 > MA25 > MA99 alignment. The key resistance at 35.83 may briefly test strength, but a breakout with strong volume could target 36.20. Dips to the entry zone offer optimal risk-reward long entries.
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