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Compound (COMP) Quick 2.6% Dump — Watch for Follow-Through

I see a quick sell-off in Compound (COMP) against USDT, down 2.55% from 50.23 to an intraday low of 48.95 in under a minute. The three-minute volume (788k) is 9.7% of the 24‑hour volume, which points to concentrated short-term selling pressure.

I'm watching for follow-through: if price breaks below recent low on continued high volume, that confirms distribution; if volume drops and price stabilizes, this looks like a short-term shakeout and could offer a buying opportunity later.

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Analysis

Rapid 2.55% dip with a 3m/24h volume ratio near 10% signals a focused sell wave rather than broad market drift; that raises the risk of further downside if momentum continues, but it can also be a tra...

Recommendation

I'm watching this setup and would avoid initiating new long positions until I see stabilization or a clear volume-supported reversal; consider trimming exposure if price breaks lower on sustained high...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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