COMP: Triangle Time - BREAKOUT INCOMING? ๐Ÿš€

#COMP is caught in a tightening triangle pattern, hinting at a potential breakout in the near future. However, waiting for a confirmed breakout above resistance or below support is crucial before entering new positions for $COMP .

Here's the Technical lowdown:๐Ÿค”

Support: $53.00-$53.50

Resistance: $58.00-$60.00

A breakout above resistance could signal #Bullish gains, while a break below support could indicate a price drop.๐Ÿ”ป

What are Your Thoughts on this???