$COIN has made its way back up to the 200 Day MA once more, having rejected here a number of times at the end of August.
We can see that the 200 Day MA is a firm resistance level so this is a big test now.
Another rejection and I think we know which direction this is going next then.
High risk here at the moment, too many red flags surrounding $COIN and better plays right now instead.
Peter Mocca
2023-09-08 11:21:16 +0000 UTCNth73
2023-09-08 02:34:55 +0000 UTC