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Thoughts on COMP hitting 12.00 by month-end?
Been watching $COMP's price action the last few days, and it's looking pretty weak, currently sitting at 12.55 after hitting a daily low of 12.27. Given the broader crypto sentiment and some of the pressure on alts, I'm leaning towards it testing lower levels.
I'd put a rough 60% probability on $COMP touching 12.00 or lower before the end of the month. The momentum seems to be down, and if 12.27 breaks decisively, there isn't a lot of strong support until that 12.00 handle, maybe even 11.80. What are others seeing in the charts or news flow that might push it one way or another?
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