Here's the latest analysis update for COMPUSDT:
Current Market Sentiment: Neutral to bearish, with some indicators showing a strong sell signal and others indicating a buy signal.
Key Levels to Watch:
- Support: $40.86, $46.16, $47.30
- Resistance: $50.94, $51.52, $53.30
Trade Ideas:
- Long Position: Enter around $48.65, targeting $53.30, $56.36, and $60.55
- Short Position: Enter around $48.93, targeting $47.00, with a stop loss at $50.30
Technical Analysis: COMPUSDT is forming a triangle pattern, and once the price breaks out, we can expect a strong bullish move. The RSI is close to the oversold region but not yet below 30, which might indicate that there's still room for downward movement before any potential reversal.
Potential Outlook: Some analysts predict COMPUSDT will reach $911.00, its highest price ever, while others see a potential 100% move if it breaks above the $60.55 level.