Technical analysis by The-Thief about Symbol COINX on 12/19/2025

🔥 COIN Bearish Heist 🕵️‍♂️ | Layered Sell Strategy in Play 📊 Asset Overview COINBASE GLOBAL, INC. (COIN) 📍 NASDAQ Exchange 📈 Instrument Type: US Stock ⏱️ Trading Style: Swing Trade / Day Trade COIN is currently showing structural weakness after failing to hold key consolidation levels. Price behavior suggests distribution, not accumulation. 🧠 Technical Analysis Breakdown (Detailed) 🔻 Market Structure Price formed a symmetrical / contracting triangle Breakout occurred to the downside, confirming bearish intent Follow-through shows lower highs + weak rebounds ➡️ This indicates sellers are absorbing liquidity on every bounce. 📐 Moving Average Context Price broke below clustered moving averages MAs have shifted from support → resistance Compression + expansion = volatility release 📉 When moving averages fail together, continuation risk increases. 📊 Momentum & Price Action Bearish candles with long upper wicks Failed recovery attempts = supply dominance No strong bullish displacement after the breakdown ➡️ This favors sell-on-rally, not buy-the-dip behavior. 🎯 Trading Plan — Thief Style (Layering Strategy) Instead of predicting the exact top, this plan uses multiple limit sell orders to build a position gradually as price reacts into resistance zones. 🕵️‍♂️ Entry Philosophy: No single “perfect” entry Scale in calmly Let price come to you 🔴 Sell Limit Layer Zones (Example) 256.00 250.00 248.00 240.00 📌 These zones align with: Prior structure resistance MA rejection areas Liquidity grab zones ➡️ You may add or reduce layers based on your execution model. 🛑 Risk Management (Expanded) Reference Stop Loss: 265.00 This level represents: Triangle invalidation Failed bearish structure Strong bullish reclaim zone ⚠️ Important Note to Thief OGs: This stop is not mandatory. You control: Position sizing Risk per layer Partial exits or full invalidation Trade responsibly and within your system. 🎯 Target Logic (Why 220.00?) Target Zone: 🎯 220.00 This area is supported by: Major historical demand Oversold technical conditions Correction completion zone Possible bear trap resolution 💨 Execution Style: Fast profit-taking No greed Exit when liquidity is offered 🚨 Escape quickly before volatility reverses. 🔗 Related Symbols to Watch (Correlation Insight) Watching correlated assets improves timing and confidence: BTCUSD 🟠 ↳ Strong correlation with COIN direction and sentiment ETHUSD 🔵 ↳ Confirms crypto market risk appetite NASDAQ 📊 ↳ Tech stocks weakness = pressure on COIN MSTR 🧠 ↳ High-beta crypto equity, often moves first 📌 If BTC + NASDAQ show weakness, COIN downside probability increases. 🧠 Key Execution Rules ✅ Trade the structure, not emotions ✅ Layer entries, don’t chase ✅ Respect invalidation ✅ Take profits quickly at target ✅ Risk management > prediction ✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” 📢 Disclaimer: This is a thief-style trading strategy just for fun. Educational & entertainment purposes only — not financial advice. #COIN #Coinbase #NASDAQ #BearishSetup #SwingTrade #DayTrade #TechnicalAnalysis #LayeredEntry #RiskManagement #PriceAction #MarketStructure #TradingView