Quietly watching $COMP while everyone calls it dead.
It’s down 8.16% today at $21.60, but the setup is getting interesting. 4h RSI is sitting at 28, volume is running 2x the 20-day average, and shorts are paying with funding at -0.013%. 👀
Still ugly.
MAs are chopping, and COMP is 26% below its 30d high. This isn’t strength yet, but it’s the kind of forced selling that can snap back hard if $BTC stabilizes. ⚡
At $21.60, I’m watching $20 as the line. I’d rather see that level hold and reclaim before getting aggressive.
That’s the alpha I’m quietly tracking.
Bull or bear on COMP from here? 🐻
#COMP #CryptoNews
It’s down 8.16% today at $21.60, but the setup is getting interesting. 4h RSI is sitting at 28, volume is running 2x the 20-day average, and shorts are paying with funding at -0.013%. 👀
Still ugly.
MAs are chopping, and COMP is 26% below its 30d high. This isn’t strength yet, but it’s the kind of forced selling that can snap back hard if $BTC stabilizes. ⚡
At $21.60, I’m watching $20 as the line. I’d rather see that level hold and reclaim before getting aggressive.
That’s the alpha I’m quietly tracking.
Bull or bear on COMP from here? 🐻
#COMP #CryptoNews