Technical analysis by kunal00 about Symbol COINX: Buy recommendation (5/12/2025)

COIN – Base Breakout + Earnings Gap Reversal COIN – Base Breakout + Earnings Gap Reversal Setup Coinbase ( COIN ) is setting up for a powerful move, and I’m watching two key catalysts driving this setup: 🔹 Earnings Gap Down Reversal (Primary Setup) Despite a sharp gap down post-earnings, buyers stepped in fast, pushing price back up. This is a classic earnings gap down reversal — a bullish signal of aggressive buying strength. 🔹 Base Breakout Pattern COIN has formed a solid base, with a breakout zone around $212 - $214. Bitcoin ( BTC ) is ripping to $104,000, and MSTR has been trending for a month — bullish sector sentiment could fuel COIN ’s breakout. 🔹 My Trading Plan: 1️⃣ Anticipatory Entry: Looking to build a position near $212 - $214, the breakout zone. 2️⃣ Confirmation Entry: If COIN breaks and holds above $214 with volume, I’ll size up. 3️⃣ Stop Loss: Placing stops just below yesterday’s low to control risk. 🔹 Why I Love This Setup: Dual setup = Base Breakout + Earnings Gap Reversal — powerful combo. Sector strength (BTC & MSTR) adds confidence. Tight risk with a clear invalidation level (yesterday’s low).here we go team!!! 228 after hours . i will admit that scomplete but ill take itsold this now 240ish all outshould have held dang!!! 260