COMPUSDT has remained below the 17.52 resistance level for the past 21 days. A confirmed breakout above this zone could trigger a strong bullish move.
Despite Bitcoin's recent market conditions, COMP has shown notable resilience and has not experienced any significant bearish reaction. On the 4-hour timeframe, the price is forming a series of higher lows while maintaining equal highs, creating an ascending triangle pattern. This structure reflects increasing buying pressure, and a confirmed breakout above 17.52 could pave the way for further upside.
As always, wait for a confirmed breakout and manage your risk accordingly.
Despite Bitcoin's recent market conditions, COMP has shown notable resilience and has not experienced any significant bearish reaction. On the 4-hour timeframe, the price is forming a series of higher lows while maintaining equal highs, creating an ascending triangle pattern. This structure reflects increasing buying pressure, and a confirmed breakout above 17.52 could pave the way for further upside.
As always, wait for a confirmed breakout and manage your risk accordingly.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.