đš $COMP /USDT â DeFi Giant Pullback! Buy the Dip or Wait? đ„
#Compound (COMP) is trading at $28.91, down -1.50%. Price is testing a support zoneâwill bulls defend it or will the downtrend continue? Letâs analyze! đ
đ Market Overview
đ Current Price: $28.91
đ 24h High: $29.58
âïž 24h Low: $28.35
đŠ 24h Volume (COMP): 28,517.61
đ° 24h Volume (USDT): 822,192.37
đŁ Parabolic SAR: $28.10 (Support intact â trend still bullish)
đ MACD Momentum:
DIF: -0.21 (Mild bearish pressure)
DEA: -0.28
MACD: +0.14 (Early bullish recovery possible)
đ RSI (6): 42 (Approaching oversold â potential bounce)
đ Bullish Scenario (If COMP Holds Above $28.50)
đč Entry: Above $28.95
đč Targets:
$29.50
$30.20
$31.00
đč Stop-Loss: $28.20
đ Bearish Scenario (If COMP Drops Below $28.20)
đč Entry: Below $28.20
đč Targets:
$27.80
$27.20
$26.50
đč Stop-Loss: $28.95
đ Should You Hold or Sell?
â Holding above $28.50 = bullish continuation possible
đ MACD indicates potential short-term recovery
â ïž Break below $28.20 may trigger further correction toward $27.80
đĄ Pro Tip:
Watch the $28.95â$29.00 level â a clean break with volume could push COMP toward $30+.
Use tight stops on minor pullbacks to protect profits.
đą Are you buying COMP on the dip or waiting for trend confirmation? đ
