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by: xpoolPosted on: May 11, 2025

COIN Breaks Out of Falling Channel, Poised for Upside Shift

Coinbase (COIN) has broken out of a falling channel pattern, signaling a potential shift toward an upward trend. The breakout comes after the stock climbed above $190, aligning with a classic Wyckoff accumulation phase pattern. Analysis suggests that increased volume near key support levels may indicate accumulation before a larger rally.

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