‍# 🚀 $COMP Bullish


Direction: Long $COMP, support stabilizes to attempt a breakout
Core Logic:
- In the accumulation phase, borrowing demand provides fundamental support
- Selling pressure weakens, funds continue to hold at support levels
Key Levels:
- Key Support: 17.00, 16.50
- Key Resistance: 18.00, 18.50
Trading Targets:
- Conservative: 18.00
- Momentum: 18.50
- Extended: 19.00
Short-term Outlook:
- Uptrend is expected to continue
Medium-term Outlook:
- Remain bullish within a few weeks
Risk Considerations:
- Decline in DeFi yields may impact the trend
- Focus on tracking changes in borrowing interest rates
COMP1,73%
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