📊 Coinbase Price Action: Key Levels to Watch for Big Moves! 🚀
I’m here to break down today's exciting opportunity with Coinbase. If you're looking to make smart, short-term trades, here’s what you need to know:
🔑 Resistance Hit Twice — Potential for Major Movement
Coinbase touched resistance twice today, and both times it pulled back. This creates a clear up-and-down movement setup — and with 10-point swings, there’s a great opportunity for active traders to profit.
🚀 Bullish Breakout:
Key Level to Watch: 315.10
If Coinbase breaks above 315.10, we’re looking at potential bullish momentum.
Targets: 320 and 325.
A break above 315.10 could open the door to these next target levels.
⚡ Bearish Breakdown:
Key Level to Watch: 294.55
If Coinbase dips below 294.55, it signals bearish pressure.
Targets: 287 and 278.
A move under 294.55 could push the price lower with these levels as your next targets.
🔍 Quick Recap:
Above 315.10: Watch for a rally to 320 and 325.
Below 294.55: Watch for a drop to 287 and 278.
📈 These key levels are critical for making fast, profitable trades today. Keep your eyes on them and always manage your risk.
Let’s trade smart! 💡
Note
As predicted, Coinbase broke the $315.10 key level and successfully reached the targets of $320 and $325.
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.