COMPUSDT Accumulation Ending? Massive Bullish Reversal Ahead!
🧠 Weekly Analysis
After peaking near $911 in 2021, COMPUSDT experienced a prolonged downtrend, followed by a wide sideways accumulation phase around the $33–$41 range.
📉 This consolidation has formed a classic Wyckoff Accumulation structure, often seen before strong bullish reversals.
🟨 Key Support & Demand Zone:
🔻 Accumulation Zone: $33–$41
This range has acted as a strong floor since mid-2022.
Multiple rejections from this zone hint at smart money accumulation.
Recent long wicks and bullish rejections from this zone signal a potential reversal brewing.
🔮 Bullish Scenario:
If the price holds above the accumulation zone and breaks key resistance, the bullish case unfolds as follows:
📈 Bullish Price Targets:
1. ✅ $62.64 — First breakout confirmation.
2. ✅ $89.03 — Minor resistance and psychological level.
3. ✅ $117.27 — Major historical resistance.
4. ✅ $173.11 — Medium-term target.
5. ✅ $246.03 — Potential full target from pattern projection.
6. 🚀 Extension Targets: $363–$516 in case of a strong altcoin rally.
🔥 Breakout Confirmation: Weekly candle close above $62.64 with volume surge.
🧨 Bearish Scenario:
If the $33 support zone breaks and closes below:
⚠️ Possible downside:
Drop toward $23.27 (2022 low)
Extreme scenario: retest of $17 zone
This invalidates the current bullish structure and resumes macro downtrend
📊 Patterns Observed:
🔹 Extended Accumulation Range
🔹 Potential Inverse Head & Shoulders (in development)
🔹 Double Bottom Structure (awaiting neckline breakout)
These patterns suggest a market gearing up for a major shift — but volume and breakout confirmation remain crucial.
📅 Summary & Strategy:
🟢 Entry Zone: $35–$42 (low-risk accumulation)
🟡 Breakout Zone: Above $62.64
🔴 Stop Loss: Weekly close below $33
➡️ Favorable risk-to-reward setup for mid- to long-term swing traders and investors.
💡 Watch for breakout volume and BTC’s direction for confluence.
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