Bearish technical outlook below 200-day SMA

Bearish-1.38%

AI Summary

The author highlights a bearish technical setup for Coinbase, noting that the stock is trading below its 200-day SMA, a level associated with unfavorable price action.

$COIN daily "Nothing good happens when price is below the 200 day SMA" https://x.com/cantonmeow/status/2102918954859872504/photo/1

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