Compound (COMPUSD) Extends Retracement Period

Market Analysis: Bullish Retracement is Still in Progress

A noteworthy peak was established at the $81.20 level, in late February 2024.

This led to a pronounced downturn, with Compound price encountering substantial resistance at the $45.50 level.

Compound Key Levels

Demand Levels: $45.50, $34.80

Supply Levels: $68.80, $81.20

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