#COMP
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Bullish wedge forming after a parabolic run
• Price coiling inside falling wedge since June peak
• Strong support seen around 39.4 zone
• Bollinger squeeze shows volatility reset after impulse
What to Watch
→ A break above the wedge and reclaim of $45 could ignite the move
→ Targets open toward $59.9 and $88.4
Summary
Price compression + wedge — watching for breakout push.
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#COMP Bullish wedge forming after a parabolic run • Price coiling inside falling wedge since June peak • Strong support seen around 39.4 zone • Bollinger squeeze shows volatility reset after impulse What to Watch → A break above the wedge and reclaim of…
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#COMP
• 14 – 16 major demand and invalidation zone
• 20 – 24 breakout retest area
• 35 – 40 mid resistance cluster
• 63 first major upside target
• 141 higher timeframe resistance
As long as price remains above the reclaimed channel and continues forming higher lows on pullbacks, the bias favors bullish continuation. Breakouts from long descending structures often lead to strong expansion once resistance is cleared.
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• 14 – 16 major demand and invalidation zone
• 20 – 24 breakout retest area
• 35 – 40 mid resistance cluster
• 63 first major upside target
• 141 higher timeframe resistance
As long as price remains above the reclaimed channel and continues forming higher lows on pullbacks, the bias favors bullish continuation. Breakouts from long descending structures often lead to strong expansion once resistance is cleared.
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#COMP
• 16 – 18 key support zone
• 20 – 23 breakout area
• 63 first major target
• 141 higher timeframe resistance
As long as price holds the demand zone and continues compressing, breakout pressure builds. A clean move above the descending channel could trigger a strong upside expansion.
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• 16 – 18 key support zone
• 20 – 23 breakout area
• 63 first major target
• 141 higher timeframe resistance
As long as price holds the demand zone and continues compressing, breakout pressure builds. A clean move above the descending channel could trigger a strong upside expansion.
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