COIN / USDT (Coinbase) ๐ฆ
Price up +$167 in absolute value, yet only +0.44%?
Thatโs not weakness โ thatโs absorption. Big supply getting eaten quietly.
Smart money is accumulating.
Market Pulse:
Strong bids sitting underneath price.
Crypto equities are leading risk appetite vs Nasdaq proxies.
Key Levels:
๐ข Support: 375
๐ฎ Resistance: 400 (the psychological magnet)
๐ก Pro Tip:
Watch the bid/ask spread near 380.
If it tightens โ accumulation confirmed.
This is a hold trade, not a quick flip.
Bias:
โข Short-term: Range-bound, bullish tilt
โข Long-term: Strong BTC correlation โ when BTC expands, Coinbase follows aggressively
๐ฏ Trade Targets:
TP1: 395
TP2: 415
TP3: 440
Quiet strength > loud pumps.
Position early. Let institutions do the heavy lifting ๐
#TradeCryptosOnX #MarketRebound #BTC100kNext #CryptoStocks $COIN
