$COIN Two huge-volume candles in the overnight session sent it straight to 150
At 22:00, 17M in volume punched through 144; at 23:00, another 14M sell-off took it to 150.7, with RSI jumping straight to 79. OI notional rose from 205 million to 220 million—this doesn’t feel like a fake breakout.
The current price is hovering around 150. Don’t chase unless it holds above 150; if it breaks below 144, the overnight premium will pretty much evaporate. It moved in tandem with $CRCL —the regulatory narrative is being priced in.
Not investment advice
#TrumpCancelsSigningOfHousingBillIncludingCBDCBan
At 22:00, 17M in volume punched through 144; at 23:00, another 14M sell-off took it to 150.7, with RSI jumping straight to 79. OI notional rose from 205 million to 220 million—this doesn’t feel like a fake breakout.
The current price is hovering around 150. Don’t chase unless it holds above 150; if it breaks below 144, the overnight premium will pretty much evaporate. It moved in tandem with $CRCL —the regulatory narrative is being priced in.
Not investment advice
#TrumpCancelsSigningOfHousingBillIncludingCBDCBan
