COMP market analysis today:
The 1-hour level clearly shows that it is a short market.
The 2/4-hour level is determined to be a long market.
Today, we need to pay close attention to the price level near 43.99. If the market is below this, the 4-hour level will be in a short state.
The lower support levels are:
Near 42.55
Near 42.36
Near 42.18
If the market rebounds, the upper resistance levels are:
Near 45.18
Near 45.43
Near 45.67
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If the market rebound fails to break through the above three prices, the market will continue to be bearish. It is recommended that short-term traders keep a close eye on the market.
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