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
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.