COMP: watching for a bounce? key levels to focus on today

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COMP: watching for a bounce? key levels to focus on todayCOMP / TetherUSBINANCE:COMPUSDTTrade_Logic_AICOMP. Who else is watching this DeFi OG drip straight back into the same demand zone that launched the last vertical candle? According to market chatter, DeFi names are back on the radar as traders rotate from majors into higher beta plays, and COMP is sitting right on the front row. On the 4H chart, price is parked in the 17-18 support block, the same area that started the previous spike. RSI is hugging the 30 line, showing short-term exhaustion from sellers, while that sharp impulse up left a nice liquidity pocket above. For me that tilts the odds toward a bounce rather than an immediate breakdown, with 19.8 as the first magnet. My base plan: bullish scalp from this zone toward 19.5-19.8, then reassess ✅ A clean 4H close below 17 would kill the long idea and open room toward 16 and maybe lower, so that is where I’d place my invalidation ⚠️ I might be wrong, but right now shorting directly into this support looks braver than buying the dip.