COIN has been the most asked-about stock recently. In several earlier video analyses, I kept stressing the 295–300 value zone. This area is a classic support–resistance flip zone and holds a large amount of institutional positions and capital. Because of that, it acts as an anchor level.
Since August 1, COIN has been forming a W-shaped consolidation, testing this zone again and again. Each retest further confirms the importance of this level.
Looking at today’s chart, the candlestick shows an inside bar, smaller compared to last Friday’s big bar. An inside bar often signals that the market is about to choose a direction. If the breakout is upward, strong momentum may follow.
If this structure plays out, the next technical target for COIN could extend toward the 380 level. That would mean, after repeated confirmation of support, the stock could start a new upward move.
✅ Key Takeaway: The 295–300 zone is the critical battleground. Holding this level greatly increases the chance of an attack toward 380.
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