$COMP /USDT 15m update

Strong bounce from the 23.98 demand zone after a clean selloff. Price printed higher lows and then exploded with a solid bullish engulfing move. Momentum is clearly shifting back to buyers.

Current price 24.63

Intraday high 24.69

Range held well above 24.40 which is now short term support.

Bullish scenario

As long as price holds above 24.40, continuation toward 24.90 then 25.20 is in play. Volume expansion on the breakout confirms strength.

Bearish invalidation

Loss of 24.40 may invite a pullback toward 24.10 and 23.98 demand again.

Structure favors upside continuation if buyers defend the breakout zone. Keep risk tight and let the move develop.