💼$COMP / USDT Market Snapshot 💼
Compound ( $COMP ) is trading at $79.73, with a slight increase of +0.24%. Here's a quick overview of the 15-minute chart trends and key metrics:
📊 Market Overview:
24H High: $82.8524H Low: $76.5124H Volume:COMP: 54,669.46USDT: 4.36M
🔍 Moving Averages (MAs):
MA(7): $80.55 – Recent resistance zone.MA(25): $80.04 – Momentum is slightly bearish below this level.MA(99): $80.08 – A strong pivot point for price recovery.
📉 Technical Insights:
After testing a low of $77.73, COMP rebounded, but momentum appears to be fading.Current rejection near the $80.85 resistance suggests sellers are active.The price is now consolidating below short-term moving averages, indicating bearish pressure.
⚡ Key Levels to Watch:
Support Zones: $79.17 and $77.73.Resistance Levels: $80.85 and $82.85.
💡 Trading Strategies:
For Bulls: Reclaiming the $80.55 level could initiate a move toward $82.00. Look for buying opportunities above $80.00.For Bears: Breaking below $79.00 may expose the $77.73 level, making it a key area to watch for further downside.
📢 What are your expectations for COMP/USDT? Share your insights with the community!