Direction: Long $COMP, support stabilizes to attempt a breakout Core Logic: - In the accumulation phase, borrowing demand provides fundamental support - Selling pressure weakens, funds continue to hold at support levels Key Levels: - Key Support: 17.00, 16.50 - Key Resistance: 18.00, 18.50 Trading Targets: - Conservative: 18.00 - Momentum: 18.50 - Extended: 19.00 Short-term Outlook: - Uptrend is expected to continue Medium-term Outlook: - Remain bullish within a few weeks Risk Considerations: - Decline in DeFi yields may impact the trend - Focus on tracking changes in borrowing interest rates
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
# 🚀 $COMP Bullish
Direction: Long $COMP, support stabilizes to attempt a breakout
Core Logic:
- In the accumulation phase, borrowing demand provides fundamental support
- Selling pressure weakens, funds continue to hold at support levels
Key Levels:
- Key Support: 17.00, 16.50
- Key Resistance: 18.00, 18.50
Trading Targets:
- Conservative: 18.00
- Momentum: 18.50
- Extended: 19.00
Short-term Outlook:
- Uptrend is expected to continue
Medium-term Outlook:
- Remain bullish within a few weeks
Risk Considerations:
- Decline in DeFi yields may impact the trend
- Focus on tracking changes in borrowing interest rates