$COIN Cascade Ready for Leg Do
By:TradingView
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COIN bottomed February 5th. These cycles run close to 2 months — we’re right at the inflection point.
Rising 3 forming on the daily. Expecting a pop and rollover into April.
Bear case: structure and volume don’t support upside. Could roll as soon as this week. Downside target is the 200 WMA around $179.
Bull case: break above last week’s highs opens a rally toward the 20 WMA at $220+. Similar to May 2025. Not the base case — that’s the reassessment level.
Currently positioned for the downside move.
Update coming soon.
Rising 3 forming on the daily. Expecting a pop and rollover into April.
Bear case: structure and volume don’t support upside. Could roll as soon as this week. Downside target is the 200 WMA around $179.
Bull case: break above last week’s highs opens a rally toward the 20 WMA at $220+. Similar to May 2025. Not the base case — that’s the reassessment level.
Currently positioned for the downside move.
Update coming soon.
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