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$COIN - 150.64 UPDATE! STILL HOLDING THE LINE! ๐
Coinbase (
$COIN ) is continuing its consolidation right above the critical 150 support level. The price is currently sitting at 150.64, showing very little movement from earlier.
Current Status: Still defending the 147.92 - 150 zone.
24h Vol: 28.05M USDT
Why this is a positive sign:
The fact that the price is refusing to drop below 150 indicates that buyers are actively defending this psychological level. In a choppy market, a flat consolidation above support is often a precursor to a violent breakout.
๐ My Strategy:
- Bulls: Look for a 1H close above 153 to confirm a reversal to 158.
- Bears: A break below 147 would signal a flush to 142.
Keep watching the 150 level! The market is waiting for the next catalyst.
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