#comp $COMP

COMP today’s market analysis:

From a short-term perspective, the 1/2/4 hour levels of COMP are obviously in the bullish zone. Today, the focus should be on the important price of 49.11.

The downward support levels are 48.85, 48.10 and 47.75. These points will be our key reference for observing market trends. If the market rebounds, the upper target prices will point to around 50.19, 50.65 and 51.26.

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However, despite the strong bullish strength at today's level, investors still need to remain cautious until the big cycle turns into a bearish one. Although there are many opportunities for long orders, profits should be locked in time after profits are made to ensure investment safety.

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