COMP / TetherUS
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COMP LONG

250
Entry Zone:
The market has recently experienced a sharp rise, reaching a key resistance area at approximately 145$

This level coincides with the 61.8% Fibonacci retracement level, making it a potential reversal zone.

The price is now pulling back, indicating a possible opportunity for a short entry around this area.

Target:
Targeting the key high 175

Stop Loss:
Place a stop loss below 38$ ish

Trade Rationale:
After a strong rally breakount of the accumulation range the market has begun to show signs of strength.
This 61.8% Fibonacci retracement is a perfect setup for continuation.

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