$COMP has reclaimed bullish structure after reclaiming the mid-range, forcing short sellers into defense. Immediate support sits near 22.20–22.50; as long as this shelf holds, continuation toward 24.20 is favored. Above that, air pockets in liquidity could accelerate price toward 25.50. Watch reaction carefully at first resistance, because rejection there may trigger a healthy pullback toward support for reset. Trend traders will prefer buying retracements instead of strength into supply. Momentum remains constructive, with buyers in control unless support fails decisively.
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$COMP has reclaimed bullish structure after reclaiming the mid-range, forcing short sellers into defense. Immediate support sits near 22.20–22.50; as long as this shelf holds, continuation toward 24.20 is favored. Above that, air pockets in liquidity could accelerate price toward 25.50. Watch reaction carefully at first resistance, because rejection there may trigger a healthy pullback toward support for reset. Trend traders will prefer buying retracements instead of strength into supply. Momentum remains constructive, with buyers in control unless support fails decisively.
$COMP