COMP is hovering just below the recent swing high, eyeing the 65‑level resistance that’s been tested twice this week.
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$COMP LONG 📈 — Trade Plan
• Entry: $21.5884 – $21.6316
• Stop: $20.9617 (-3.0%)
• Target 1: $21.9341 (+1.5%)
• Target 2: $22.6905 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market structure broke higher low, triggering a CHoCH while CVD spiked bullishly, confirming the move. A fresh FVG aligns with an OB right at the break, and a liquidity sweep cleared the downside, giving a clean POI confluence.
A 3.0% stop is relatively tight on a coin that swings 6‑8% daily, so stick to 3‑5x leverage to keep risk under control.
Take partial profit around the first target once price hits the 70‑level resistance.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$COMP #COMPUSDT #fomcwatch #TradingSignals #Write2Earn