$COMP /USDT Alert
Price: 16.14
24h High: 16.59
24h Low: 15.60
Recent swing low: 14.69
Daily chart shows a sharp bearish trend with consecutive lower highs and strong sell pressure since late January. Current price is hovering just above the key support zone near 15.60–14.70. A breakdown below this range could open the path toward deeper liquidity levels, while reclaiming 16.60 may trigger a short squeeze toward the 19.80 resistance area.
Volatility is compressing after the dump, signaling a potential explosive move. Traders are watching for a decisive breakout or breakdown from this tight consolidation.
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COMP
16.85
+4.27%