COMP is at risk of initiating a deep drop! (8H)COMPUSDT SPOTBYBIT:COMPUSDTbehdarkCOMP is currently retesting previously broken trendlines and a flipped resistance zone, which is now acting as a key decision area for price action. In fact, COMP appears to be attempting to complete wave E of a larger corrective structure, suggesting that the final leg of the pattern may still be in progress before a potential continuation to the downside. The highlighted red zone represents a high-probability entry area for a short position, where bearish reactions are expected if price confirms rejection. All downside targets are clearly marked on the chart for reference and structured risk management. However, a daily candle close above the invalidation level would fully invalidate this scenario and negate the current bearish outlook, signaling a potential shift in market structure. If you have a symbol you want analyzed, first hit the like button and then comment its name so I can review it for you. Do you also think COMP is bearish?