TradeCityPro | COMPUSDT Ready for a Long Setup!

👋 Welcome to TradeCityPro!

Let’s dive into the analysis of COMP, one of the active DeFi tokens that has recently been seeing a noticeable increase in its 24-hour trading volume — making it worth paying attention to.

🌐 Bitcoin Overview
Before we begin, let me remind you once again that at your request, we’ve moved the Bitcoin analysis section to a dedicated daily report — allowing us to analyze Bitcoin’s trend, dominance, and overall market sentiment in greater depth each day.

On the daily timeframe, after the sharp decline that broke $39.58, the price dropped toward the major support at $28.52.

Price was supported from that level, and despite several attempts to break below it, the zone held strong — leading to a bounce and eventually a breakout of the daily trendline.

Currently, price is sitting just below the trendline trigger.
Since this trendline break is part of a reversal structure, we still need confirmation.
A break above $39.58 would provide a clear long trigger and open the way for bullish continuation.

However, if you have entered a position anywhere within this range, it’s best to place your stop-loss below the $28.52 support zone, and manage your risk accordingly.

📝 Final Thoughts

Stay calm, trade wisely, and let's capture the market's best opportunities!

This analysis reflects our opinions and is not financial advice.

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