$COMP /USDC BEARISH CONTINUATION WITH LOWER HIGH STRUCTURE
/USDC continues to trade under sustained bearish pressure across higher timeframes. The structure reflects consistent lower highs and declining momentum, while Supertrend (10,3) remains positioned as overhead resistance.
Recent intraday recovery attempts have failed to break above resistance, signaling seller dominance and distribution near supply zones. With weak 7-day and 30-day performance, the probability favors continuation toward lower liquidity areas unless resistance is reclaimed decisively.
SHORT SETUP
Entry Zone: 17.20 – 17.50
Stop Loss: 18.00
Targets:
TP1: 16.80
TP2: 16.20
TP3: 15.50
A sustained breakdown below 16.80 increases downside momentum and opens the path toward deeper structural support.
Invalidation: A strong close above 18.00 shifts the structure bullish and cancels the short bias.
Risk Management: Risk only 1–2% of total capital per trade. Secure partial profits at TP1 and trail stop to breakeven to protect capital during volatility.
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