๐Ÿš€ $COMP BREAKOUT โ€” BULLS IN CONTROL


Compound is showing strong continuation after breaking key resistance, with buyers maintaining momentum on the 1H structure.
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ“Š Trade Setup โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” โ€ข Entry: $24.00 โ€“ $24.20
โ€ข SL: $23.30
โ€ข TP1: $24.80
โ€ข TP2: $25.50
โ€ข TP3: $26.30
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ“ˆ Market Structure โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” โ€ข Clean breakout above prior resistance zone
โ€ข Higher highs forming on 1H timeframe
โ€ข Buyers still defending breakout level
โ€ข Momentum candles confirming continuation strength
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” โš ๏ธ Key Insight โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” Holding above $24 is critical โ€” as long as price stays above breakout support, the trend remains expansion-friendly.
If momentum sustains, this looks like a continuation phase rather than a short-lived spike.
Next move depends on whether buyers can defend the breakout zone under pressure.
$COMP โ€Œ#GateSquareMayTradingShare
COMP2.67%
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