Hello Paradisers, Here's one to watch!
💎COMP faced a setback after reaching the Bullish OB (Order Block) Zone, subsequently testing the $45 supply region.
💎Notably, after touching this supply point, COMP experienced a sharp decline. It's likely that COMP will revisit the Bullish OB zone to fill the existing long wick.
💎Should the Bullish OB zone fail to hold and break, our eyes should be on the robust demand zone, where significant buying activity is anticipated.
💎My intuition suggests that if COMP reaches this strong demand zone, it might just be a liquidity sweep followed by a vigorous rally. I'd advise purchasing at the white line, but always with prudent money management.