Entry Zone: $20.35–$20.65
Stop-Loss: $21.10
TP1: $19.75
TP2: $19.20
TP3: $18.60
COMP recorded a $4.834K short liquidation at $20.53, highlighting active leverage around this area. The $20.50–$20.70 region can act as near-term resistance if price fails to reclaim it with strong buying volume. A rejection from this zone would favor a move toward the lower support levels.
Trade Setup: Short after bearish rejection around the entry zone, preferably with weakening momentum or a clear lower-high structure.
Invalidation: A sustained breakout and close above $21.10 cancels the short setup.
#Fed rate hike fears resurface
