$COMP

/USDT Technical Analysis ๐ŸŽฏ

Current Price: $77.54 (+7.96%)

COMP/USDT is riding a bullish wave, gaining momentum with strong trading volume. Letโ€™s analyze its potential targets:

1. Target 1: $80.00

This is the 24h high, a key resistance level. Breaking above could confirm continued bullish strength.

2. Target 2: $85.00

A psychological level and previous resistance point. If the momentum persists, this could be the next milestone.

3. Target 3: $90.00

A major breakout zone. Reaching this would signal robust market confidence and strong DeFi adoption trends.

Support Levels: Watch $70.42, the 24h low, as a critical support point.

๐Ÿ“Š Indicators:

RSI suggests the market is nearing overbought territory, indicating a potential pullback or consolidation.

Moving Averages are aligned bullishly, reinforcing the upward trend.

Trade wisely and set your targets! Stay tuned for real-time updates on Binance.