Technical analysis by Muhannadchart about Symbol COINX: Buy recommendation (5/19/2025)

COIN (Coinbase) is showing strong bullish momentum after breaking above the $250 zone. The price is holding above the middle Bollinger Band with increasing volume. MACD is crossing to the upside, supporting further continuation toward the $317 resistance level. Trade Setup: •Entry Zone: $260 - $263 (Current Price) •First Target: $280 •Second Target: $317 •Stop Loss: Below $240 Technical Analysis Highlights: •Strong price action above the middle Bollinger Band. •Bullish MACD crossover. •Volume expansion confirms the breakout. Recommendation: Consider entering long positions above $260 with targets at $280 and $317, while managing risk below $240.