👀 Observation
$COMP COMP made a strong upward push and is now holding near the top of that move. Price is pausing, not pulling back sharply.
📊 Market view
Buyers are clearly in control after the breakout. Volume expanded strongly during the rally and is now easing as price stabilizes.
🟢 Support: $18.80 – $18.20
🔴 Resistance: $21.50 – $22.20
• Trend: strong short-term upward momentum
• Price zone: holding near highs, no heavy rejection yet
• Volume: sharp expansion on breakout, now cooling
⚡ Scenarios
If resistance breaks: a stable hold above $22.20 can allow continuation as momentum traders stay active.
If price rejects: a pullback toward $18.80 would be a normal reset if buyers defend the level.
🧠 Mindset
After fast breakouts, patience and confirmation help protect capital more than chasing moves.
Are you watching for continuation above resistance or waiting for a pullback ??
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