$COIN
Added 2024-07-05 17:50:38 +0000 UTCConsidering how difficult it has been for crypto over the last few days, $COIN has recovered very well today from a large flush down at the open.
That being said, if the crypto selling pressure continues over the weekend or into next week, $COIN will likely feel its effects too.
My chart has not changed here and I believe that a test of its 200 Day MA at $169 now is possible.
We can see that the blue support line has been formidable, losing this level and the 200 Day MA is next I believe.
$COIN completing its ABC correction as shown should be strongly considered by those who follow this sector closely.
