$COIN back to $60ish and then $100+?NASDAQ:COIN looks like it's forming a rejection candle right at resistance. If you look at the structure, we broke out of a bottom formation and I think we're likely retesting the structure before a continuation higher.
What makes most sense to me is to retest the $60ish area as support and then continue onwards to $100+.
In order to do that, price would need to finally break above $76. But with 3 rejections already, I'd imagine the next time it gets up there, resistance will break.
Let's see if it plays out.
