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Technical analysis by ALVO13_official about Symbol COINX: Sell recommendation (5/15/2025)

https://sahmeto.com/message/3701443
ALVO13_official
ALVO13_official
Rank: 2404
2.2
Sell،Technical،ALVO13_official

Coinbase under pressure after surging to $271. A reported hack and data breach is fueling the sell-off. Correction targets: $218 and $180. Watching for further downside — panic could escalate.COIN shows unexpected resilience Despite the recent cyberattack headlines, Coinbase stock is holding strong. No panic selling, no breakdown — price remains above key support at $260. The projected downside zones of -15% to -17% haven’t materialized — a clear sign of underlying strength. This could indicate strong hands stepping in and institutional confidence in the long-term fundamentals. Watching closely for a breakout continuation or a deeper consolidation above $260.

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$244.44
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