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$COIN shorts are trapped! Major squeeze incoming?
做多
Coinbase Global
(
NASDAQ:COIN
)
KevinJamesHughes
Premium
NASDAQ:COIN
Coinbase Global
Trend Analysis
Chart Patterns
Technical Indicators
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COIN
shorts trapped after false breakdown. Price broke down both below the daily 50 sma (purple) and March 2024 low and then recovered. A trader bought a 275/277.50 bull debit spread risking over $200K and targeting near ATHs ($283.48).
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