COMPUSDT has broken out of a long-term downtrend line on the daily timeframe, signaling a potential bullish reversal.
Chart Analysis:
Downtrend line broken with a strong bullish candle
RSI recovering to 57.28 — showing improving momentum
Price holding above local support near $36.41
Key Levels:
Support: $36.41
Resistance Levels / Targets:
Target 1: $54.68
Target 2: $89.71
Final Target: $123.13
Bias: Bullish — as long as price sustains above the downtrend line and holds support
Timeframe: 1D
Strategy: Watch for retest of breakout zone ($43–$45) as potential entry, with targets as mentioned.
This is not financial advice, please research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
#COMPUSDT #CryptoTrading #TechnicalAnalysis #Altcoins #Breakout #BullishSetup
Chart Analysis:
Downtrend line broken with a strong bullish candle
RSI recovering to 57.28 — showing improving momentum
Price holding above local support near $36.41
Key Levels:
Support: $36.41
Resistance Levels / Targets:
Target 1: $54.68
Target 2: $89.71
Final Target: $123.13
Bias: Bullish — as long as price sustains above the downtrend line and holds support
Timeframe: 1D
Strategy: Watch for retest of breakout zone ($43–$45) as potential entry, with targets as mentioned.
This is not financial advice, please research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
#COMPUSDT #CryptoTrading #TechnicalAnalysis #Altcoins #Breakout #BullishSetup
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.