$COMP is trading near 29.80 after a violent spike and an equally sharp pullback from the recent high. Price found strong support around 28.20 to 28.50 which stopped further downside and allowed stabilization. This zone is now the key level holding structure together. Immediate resistance sits near 30.80 to 31.50 where sellers remain active and pressure increases. If price reclaims this area momentum can rebuild quickly. The next target stands near 33.00 followed by 35.00 if strength returns. Right now we’re seeing balance after chaos and the market is waiting for direction.
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