💠 Analysis and Monitoring of Compound Currency (
$COMP )
🔹 Entry from the current price: 31.9
🔹 Targets:
• First target: 34.2
• Second target: 36.0
• Third target: 38.5
🔹 Stop-loss: 29.8
💬 Let's talk a bit about the currency:
Compound is one of the most important decentralized lending projects in Web3, and is considered one of the first DeFi protocols that have maintained their presence. The current price is close to a strong support area, and the currency has recently shown a clear accumulation movement after a long decline, which is often a precursor to a significant rebound if new liquidity enters the DeFi space.
📉 Technical Indicators:
• Regarding RSI, it is in a neutral area with a slight upward bias.
• Regarding MACD, it shows an initial positive crossover.
• Regarding moving averages, they are stable as support around 31–32.
⚠️ Warning:
$COMP It can move very quickly, especially during any news about interest rates or DeFi updates, so be cautious of sudden volatility.
💡 Advice:
Adopt a gradual entry, keep a small portion for cooling off, and adhere to the stop-loss to maintain your portfolio regardless of market changes.
#Comp