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COMP/USDT Weekly Check-In
The big picture? Still looking rough for COMP. Price action keeps grinding below that stubborn weekly downtrend — not exactly the setup bulls want to see.
Sure, we got that pop from the $30–$33 zone, and yeah, it's holding for now. But let's be real: this feels more like a dead cat bounce than any meaningful shift in momentum. The trend hasn't flipped yet.
What matters right now:
• That $30–$33 range is doing some heavy lifting as support. If $30 cracks? We're probably headed lower, and it won't be pretty.
• Until COMP reclaims that downtrend line and actually holds above it, this is still a fade-the-rally kind of market.
Not saying it can't turn around eventually — just saying we're not there yet. Watch those levels closely.