Coinbase under pressure after surging to $271.
A reported hack and data breach is fueling the sell-off.
Correction targets: $218 and $180.
Watching for further downside — panic could escalate.
A reported hack and data breach is fueling the sell-off.
Correction targets: $218 and $180.
Watching for further downside — panic could escalate.
Trade active
COIN shows unexpected resilienceDespite the recent cyberattack headlines, Coinbase stock is holding strong.
No panic selling, no breakdown — price remains above key support at $260.
The projected downside zones of -15% to -17% haven’t materialized — a clear sign of underlying strength.
This could indicate strong hands stepping in and institutional confidence in the long-term fundamentals.
Watching closely for a breakout continuation or a deeper consolidation above $260.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.