Markets· ★★· bullish·

Compound's COMP rallies 22% as spot volume jumps 975%, $30 level in focus

  • —Spot volume surged 975.2% to $143.8 million in 24 hours
  • —Futures volume hit $243 million; open interest reached $37.85 million
  • —USD-denominated exchange reserves rose 21.42% to $32.8 million
  • —Bulls reclaimed $21.31 support; $30 remains the key resistance
Why it matters: A confirmed break above $30 would validate the reversal, but surging leverage raises the risk of sharp liquidations.
#COMP
Source: Cryptonews.net
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