$COMP is pushing into a resistance band where the upside move may be running out of strength


Trading Plan Short $COMP ( max 20x )
Entry: 22.2 – 23.4
SL: 24.8
TP: 21.0
TP: 19.4
TP: 17.8
Ran straight into a supply zone and couldn’t push through with strength. The move up is losing follow-through, while reactions near the highs are getting heavier. Feels like buyers are getting trapped up here, and if this keeps failing to break higher, downside can accelerate pretty quickly.
COMP-4.84%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin