๐ #COMP/USDT Technical Analysis
๐น Current Price: $66
๐น 4-week Increase: 200%
๐ก Overview: #Compound (COMP) against #Tether (USDT) shows a strong bullish trend, with a remarkable 200% surge in just four weeks.
The recent breakout confirmation on the weekly timeframe adds further weight to the bullish sentiment.
๐ญ Analysis: A retracement towards $46 could potentially occur before the next upward move.
Caution is advised, and fresh buying setups are currently being avoided.
๐ Key Levels:
Resistance: $92, $174, $365
Support: $46