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Technical analysis by ScramblerG about Symbol COMP: Buy recommendation (6/4/2025)

https://sahmeto.com/message/3580491
ScramblerG
ScramblerG
Rank: 556
2.9
Buy،Technical،ScramblerG

COMPUSDT has broken out of a long-term downtrend line on the daily timeframe, signaling a potential bullish reversal.Chart Analysis:Downtrend line broken with a strong bullish candleRSI recovering to 57.28 — showing improving momentumPrice holding above local support near $36.41Key Levels:Support: $36.41Resistance Levels / Targets: Target 1: $54.68 Target 2: $89.71 Final Target: $123.13Bias: Bullish — as long as price sustains above the downtrend line and holds supportTimeframe: 1DStrategy: Watch for retest of breakout zone ($43–$45) as potential entry, with targets as mentioned.This is not financial advice, please research before investing, as we are not responsible for any of your losses or profits.Please like, share, and comment on this idea if you liked it.#COMPUSDT #CryptoTrading #TechnicalAnalysis #Altcoins #Breakout #BullishSetup

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$54.68
Stop Loss Price
$36.41
Price at Publish Time:
$45.13
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