According to @CryptoCoinCoach, COMP is testing the lower boundary of a long-term descending channel after a strong sell-off, creating a setup where a short-term relief bounce is possible if support holds (source: @CryptoCoinCoach on X; source: TradingView COMPUSDT chart). If price fails to reclaim the broken structure, the author notes downside continuation toward lower demand zones remains in play, maintaining bearish momentum near channel support (source: @CryptoCoinCoach on X; source: TradingView COMPUSDT chart).