Still early to tell if this Pitchfork is reliable. But COMP being one of the leaders of the lending and borrowing space in DEFI with a small marketcap in compare with the top 20. Fundamentals align with the oversold sign from the Pitchfork. I expect a repricing and will expect minimum the overbought territory of the $BINANCEUS:COMPUSDpitchfork at 2000$ at this point.
Note
Decision time. Adding with a tight SL
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.