🚀 $COMP /USDT Skyrockets: Strategic Entry for Potential Gains 🚀
$COMP /USDT is surging with remarkable momentum, trading at $139.27, up over 61% in the last 24 hours. The current price action highlights a bullish breakout, with COMP approaching its 24-hour high of $144.00. The RSI on the 15-minute chart is signaling overbought conditions, suggesting strong buying pressure. Immediate resistance is located at $144.00, while support holds firm at $129.16.
For traders looking to capitalize on this momentum, a long entry around $139.50 is ideal. Set Take Profit 1 (TP1) at $142.00, Take Profit 2 (TP2) at $144.00, and Take Profit 3 (TP3) at $148.00. To mitigate downside risks, a Stop Loss (SL) at $135.00 is recommended.
With COMP showcasing a 239% gain over the past 30 days, the upward trend remains intact. Watch closely for any price action around the resistance level for further confirmation of bullish momentum or signs of a retracement.