Technical analysis by The-Thief about Symbol COINX: Sell recommendation (11/7/2025)

🎯 COIN "The Crypto Exchange Heist" 💰 Stock Market Profit Playbook for Swing & Day Traders 📈 Analysis Overview 🔍 Asset: NASDAQ:COIN | Coinbase Global Inc. ⚡ Current Price: $295.22 (Nov 7, 2025) 💵 Market Cap: $79.60B 🏆 Trading Volume: Bullish liquidity ✅ Technical Bias: BEARISH CONFIRMED ⬇️ 🎲 The Setup: Bearish Hull Moving Average Breakout We've identified a critical bearish breakdown pattern with Hull Moving Average (HMA) confirmation. The rejection from the $350 resistance zone combined with oversold conditions creates the perfect "HEIST" opportunity for disciplined traders. Key Technical Signals 🚨: ✅ Hull MA showing downtrend confirmation ✅ Price rejection from upper resistance ✅ Volume compression into breakdown ✅ RSI divergence in overbought territory ✅ Support trap formation at key levels 🎪 ENTRY STRATEGY: The "Layering Heist" Technique 💎 Method: Multiple Limit Order Layers (Position Stacking Strategy) Instead of chasing ONE entry, we deploy the Thief OG Layering System — multiple entry levels to average down as the bearish thesis develops: 📍 Entry Layers (Top to Bottom): Layer 1: $340.00 💎 Layer 2: $330.00 💎 Layer 3: $320.00 💎 Layer 4: $310.00 💎 Pro Tip: Feel free to add MORE layers based on your risk tolerance and account size! The more precise your layers, the better your average entry price. 🎯 🛑 Stop Loss Placement (Risk Management Critical) Thief OG's Recommended SL: $350.00 🚫 This sits above the rejection zone — if price reclaims $350+, the bearish thesis is invalidated, and we exit. ⚠️ DISCLAIMER: This is YOUR trade. We recommend this SL, but YOU control your risk. Adjust based on your position size and risk appetite. No feelings — just math! 📊 🎁 PROFIT TARGET (The "Escape Plan") Primary Target: $240.00 🎯 Target Type: Strong Support + Oversold Zone + Trap Confirmation Why $240? Historical support confluence 📍 RSI reaching oversold extremes 📉 Previous institutional accumulation zone 🏦 Fibonacci 0.618 retracement level ✨ ⚠️ CRITICAL NOTE: This is YOUR profit target decision. Once you're in profit, TAKE YOUR MONEY — don't be greedy! Secure gains at comfortable levels. Risk management > Ego. 💪 📊 Correlation Pairs to Watch 🔗 Keep an eye on these related assets for confluence signals: Bitcoin (BTC) Price Action: BTC is COIN's strongest correlation driver Why?: Crypto market sentiment flows through BTC first → COIN follows Watch For: BTC breaking $100K could trigger COIN capitulation 📉 Ethereum (ETH) 💠 Price Action: ETH directional bias impacts institutional flows Why?: ETH derivative volume is massive on COIN's platform Watch For: ETH breaking below $3,500 = bearish acceleration ⬇️ Nasdaq 100 (QQQ) 📈 Price Action: QQQ tech sector health matters Why?: COIN correlates with tech rallies & risk-off dumps Watch For: QQQ support breaks = COIN weakness confirmed 🔴 Fear & Greed Index 😨😊 Watch: Extreme Greed (75+) = Potential top | Extreme Fear (25-) = Potential bottom Why?: COIN is highly sentiment-driven Action: Lower entries during Fear zones for better risk/reward 🎰 📋 Trade Checklist Before You Enter ✅ Confirm HMA bearish alignment on your timeframe Check BTC & ETH correlation for confluence Position size = Max 2-3% portfolio risk per trade Set alerts at each layer level NEVER move SL in the red (that's a LOSS, not protection) Secure profits on the way up (don't wait for PT) Journal every trade (you learn more from losses) 💡 Pro Trading Tips 🧠 Size Down in Uncertainty — If volume is low, position smaller Trail Your SL — Once profit doubles, move SL to breakeven Partial Profits — Take 50% at $280, let the rest run to $240 Never Average-Up — Only add on confirmations going DOWN Time Your Layers — Don't slam all orders at once; space them out 📢 Join The Community 🚀 ✨ If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community! #COIN #Coinbase #CryptoTrading #SwingTrade #DayTrade #TechnicalAnalysis #BearishSetup #TradingStrategy #CryptoExchange #NASDAQ #HullMovingAverage #TradingIdeas #CryptoMarkets #RiskManagement #ProfitPlaybook #ThiefStrategy #EditorPick 🚀✨