COIN (Coinbase) is currently testing a major support zone in the $235–$240 range, which has acted as a strong base in previous pullbacks. This level is attracting renewed interest as the broader crypto market shows signs of upward momentum, with BTC and ETH stabilizing and pushing higher. A bounce from this level could set up a strong risk/reward opportunity.💡 Trade Idea
🔹 Entry: $235–$240 (support zone)
🔹 Take Profit Zones:
• TP1: $300–$335
• TP2: $375–$415
🔹 Stop Loss: Below $230 (to manage downside risk)
A break below $230 could invalidate this setup, but holding this level opens the door for a potential breakout if crypto strength continues. Watch volume and correlation with BTC closely in the coming sessions.
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