🟢 $COMP Short Liquidation Alert 🚨

💥 Liquidation: $1.0389K

💵 Price: $16.51

📈 Support:

• $16.15

• $15.80

• $15.40

🚧 Resistance:

• $16.85

• $17.20

• $17.70

🎯 Next Target: A breakout above $16.85 could push $COMP toward the $17.20–$17.70 zone.

📊 Market Read:

A $1.0389K short liquidation signals buying pressure as bearish positions were forced to close. Holding above $16.15 could keep the short-term bullish setup alive, while a clean break above $16.85 may fuel another upside move.

📌 Trading Plan:

🔼 Above $16.85 → bullish continuation

🔻 Below $16.15 → momentum weakens

⚡ Pro Tip: Don't chase the liquidation spike. Wait for a confirmed breakout above $16.85 with volume follow-through.

⚠️ Risk: Medium

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