Technical analysis by afurs1 about Symbol CRCLX: Buy recommendation (6/27/2025)

Circle is more than a crypto firm—it’s building infrastructure for a regulated digital dollar economy. With transparent reserves, global licenses, deep financial integrations, and robust blockchain functionality, USDC is rapidly positioning itself as a cornerstone of future finance. I see a longer term potential for a great investment opportunity given the coming banking revolution involving stable coins. For a lower risk entry, after a nearly 40% decrease in less than a week, the stock price is currently supported at the VWAP from the original IPO release. Should the trend continue higher, I would prefer to see a bounce here on the stock.Entry in at 178Decent reaction so far. Lets hold this VWAP for continuationWould be nice to get in inverse H&S pattern here, as well as a potential bart pattern.POC Moving upCrazy pumpBit of sideways action for now, how I am playing this personally is more of a longer term investment, not a trade per say as I believe this technology can revolutionize the world of finance. Unless the trade gets stopped out, I will simply just hold this one for the coming months / yearsWatching for this potential harmonic patterngetting the drop into the C pivot , adding shares here as we dropLooking at the market structure, its nice to see the shiftHere is the exact zone we need to hold, this is the exact area where the harmonic is expected to trade at for a C wave pivot. It could be a slingshot from here if we get continuationSo far looking like we are getting a reaction, looks great so far.Stopped out on the drop today. And now I think this stock is starting to look a bit more bearish. ABC correction moving into the gap zone below us.You can see why the stop was quite tight here, because the Harmonic pattern would give us higher targets. Since the low has been taken, it can only really be an ABC corrective structure as its driving into the lowsSomething I just noticed, the trend based fib time showing me a 1-1 extension on the exact day of earnings.Here we are , Mid August at the level. I would be a bit cautious now because the Nasdaq may be coming to a tipping point. It would not be unreasonable if we got a huge wick at $100 if the nasdaq breaks down. Ideally, what I would need to see is a market structure shift for a bit more confidence on where I would consider entering a longer term swing.Gartley HarmonicCorrection, the other option is a Bullish Butterfly, not a Crab.Hit the 1-1 target in pre market trading, and getting a bit of a reaction here. I will open an aggressive long with 25% size to start, and watch what happens to price moving forwardLooking great. Will look for a compound if we get the market structure flipGetting some nice price action, will compound here and then continue increasing position size on further strengthWOW just minutes later, look at the reactionKey resistance zones above usSo far the bounce isnt quite as strong as I would like, we are giving up quite a bit since friday. Will look lower towards the gap fill zoneAnd here we are at the gap fill zone. Will add a few more shares here. If we start losing $130 I will start de-risking.As we can see, buyers are stepping in around 130 at the moment. Would like to see us hold this price with daily closes.Very nice reaction , you can see the $130 heldLets get the confirmation of the reversal by remaining above the 618We also have a single print right here (market inefficiency) which tends to be filled before continuation.You can see, when it fills the single print gets removed from the TPOSo far, CRCL still has some work to do if the stock wants to climb higher.Stopped out at 125, de-risking as it doesn't seem like she wants to go anywhere. Will need to come back once this stock shows more interest.Waiting for levels, alerts are set