COMPUSDT has broken out of a long-term downtrend line on the daily timeframe, signaling a potential bullish reversal.
Chart Analysis:
Downtrend line broken with a strong bullish candle
RSI recovering to 57.28 — showing improving momentum
Price holding above local support near $36.41
Key Levels:
Support: $36.41
Resistance Levels / Targets:
Target 1: $54.68
Target 2: $89.71
Final Target: $123.13
Bias: Bullish — as long as price sustains above the downtrend line and holds support
Timeframe: 1D
Strategy: Watch for retest of breakout zone ($43–$45) as potential entry, with targets as mentioned.
This is not financial advice, please research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
#COMPUSDT #CryptoTrading #TechnicalAnalysis #Altcoins #Breakout #BullishSetup
Chart Analysis:
Downtrend line broken with a strong bullish candle
RSI recovering to 57.28 — showing improving momentum
Price holding above local support near $36.41
Key Levels:
Support: $36.41
Resistance Levels / Targets:
Target 1: $54.68
Target 2: $89.71
Final Target: $123.13
Bias: Bullish — as long as price sustains above the downtrend line and holds support
Timeframe: 1D
Strategy: Watch for retest of breakout zone ($43–$45) as potential entry, with targets as mentioned.
This is not financial advice, please research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
#COMPUSDT #CryptoTrading #TechnicalAnalysis #Altcoins #Breakout #BullishSetup
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.