1
Thoughts on $COMP Volatility & Breakout Levels
Been watching $COMP today, and it's interesting how it's holding just above that 11.7658 level that acted as a floor earlier. The volume isn't screaming for a definitive move, but if we get a sustained push past the 12.215 resistance, it could signal a decent swing setup, possibly fueled by some short covering. On the flip side, a clean break and close below that 11.7658 mark would definitely invalidate any bullish bias I'm holding, suggesting a retest of lower support.
1 comments · 1 points
I'm with you on that 11.7658 level; it's definitely the key to watch. Do you think the broader market sentiment could play a bigger role in pushing it either way, or is COMP mostly charting its own course right now?