Reason: Market news indicates that COMP suspected main funds have already fled, and capital flow monitoring has ended. Despite a 4.53% increase in 24 hours, the core upward momentum has disappeared, making it difficult to sustain future gains; technically, the 1-hour chart moving averages are beginning to turn downward, RSI has fallen from high levels to 45, MACD red bars have significantly contracted approaching the zero line, indicating that bearish momentum is gradually accumulating; the 15-minute chart shows divergence between volume and price, with selling pressure increasing after a spike, volume expanding by 29% compared to the first half-hour. Capital withdrawal and technical weakness resonate, and the spot market lacks sustained buying support. Short-term correction pressure is significant, and there is a risk of further price decline.
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$COMP Current price $26.19 Short sell
Reason: Market news indicates that COMP suspected main funds have already fled, and capital flow monitoring has ended. Despite a 4.53% increase in 24 hours, the core upward momentum has disappeared, making it difficult to sustain future gains; technically, the 1-hour chart moving averages are beginning to turn downward, RSI has fallen from high levels to 45, MACD red bars have significantly contracted approaching the zero line, indicating that bearish momentum is gradually accumulating; the 15-minute chart shows divergence between volume and price, with selling pressure increasing after a spike, volume expanding by 29% compared to the first half-hour. Capital withdrawal and technical weakness resonate, and the spot market lacks sustained buying support. Short-term correction pressure is significant, and there is a risk of further price decline.