Technical analysis by luta_ksa about Symbol COMP: Buy recommendation (12/13/2024)

The current price of the COMP/USDT pair on Binance is approximately $109.28, with a decline of -2.21% over the last 24 hours. Over the past month, the price has experienced a significant increase of 117.02%, reflecting strong market recovery. However, recent fluctuations suggest high volatility.Key Levels:Support: Around $102.Resistance: Currently at $109-$110, with potential for upward momentum if this level is breached.General Trend: Technical indicators show a bullish sentiment with buy signals on daily and weekly timeframes.