A_licchi_03
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Compound (COMP/USD) – Breakout Imminent? Here's What I'm SeeingAfter an extended period of accumulation between the $40–$45 zone, Compound (COMP) is showing signs of a potential breakout. Price has consistently respected this support level while forming a subtle ascending trendline, suggesting increasing pressure to the upside.I believe we're on the verge of a significant move.If COMP can reclaim and close above the $45.15–$46.75 resistance zone, I expect a sharp push toward the mid-level targets around $51.15, $56.91, and eventually $61.86–$73.12. This would align with historical price memory and prior consolidation zones.From there, a retest of the breakout trendline could confirm strength before any larger continuation toward the $100+ range. Volume confirmation and RSI flipping above 50 would solidify the momentum.This setup feels like the classic “base before breakout” structure, and I wouldn’t be surprised to see a fast and volatile move once resistance is cleared. Eyes on the $46 zone — that’s the key trigger.
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