Coinbase Stock Struggles Amid Regulatory Uncertainty and Resistance at $177.22

Coinbase has made significant changes to its Advanced platform, reducing fees for active users and consolidating trading tiers across spot and derivatives. The company also introduced maker rebates in eligible markets.

The fee cuts are designed to boost transactional revenue growth by encouraging higher trading volumes. However, lingering uncertainty remains after the CLARITY Act failed in the US Senate on September 16, 2026.

COIN is currently trading at $171.08, up 3.99% on the day, but still below its key moving averages. Immediate resistance lies at $177.22, while oversold momentum indicators suggest persistent seller dominance.