COMP / TetherUS

COMPUSDT 1D

69
#COMP is moving inside a falling wedge pattern on the daily chart. Its first breakout attempt was rejected at the wedge resistance, and the second attempt was rejected at the daily SMA50. Consider buying a small bag near the support zone. If price breaks above both the wedge resistance and the SMA50, the potential upside targets are:

🎯 $40.61
🎯 $44.84
🎯 $49.06
🎯 $55.08
🎯 $62.75

❌ Invalidation: a daily candle closing below the wedge support.

⚠️ Always remember to use a tight stop-loss and maintain proper risk management.

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