Coinbase (COIN) Stuck at $192: Bull Run or Bear Trap?
Coinbase Global (COIN) is trading at $192.90, its price pressed hard against the upper Bollinger Band.
The stock has recovered roughly 25% from its post-earnings lows near $155, but the day's action shows a lack of conviction behind this move.
Buyers are showing up, but they're being absorbed on every push toward the upper band.