$COIN -- While Nasdaq Bleeds, Coinbase Surges 15%

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$COIN -- While Nasdaq Bleeds, Coinbase Surges 15%Coinbase Global, Inc. Class ABATS:COINConnectmyCurrencyWhile the Iran war sent the Nasdaq down 2.5% and crushed traditional tech, Coinbase just surged 15% in a single session. This is not a coincidence. This is the decoupling trade that crypto bulls have been waiting years to see and the weekly chart is setting up one of the cleanest risk/reward entries of 2026. Here is what just happened in the last 72 hours that changes everything: Trump met privately with Coinbase CEO Brian Armstrong and publicly backed the company's position in a lobbying dispute with banks, stating that banks should not block progress on yield-bearing stablecoins and that the current debate threatens the GENIUS Act. When the President of the United States personally endorses your company during a war, that is not a trade. That is a signal. Coinbase officially launched US stock and ETF trading for all users in the United States, a key milestone in its mission to become the world's first "Everything Exchange," enabling millions of customers to buy and sell equities alongside their cryptocurrency holdings within a single interface. When airstrikes hit Iran on Feb 28, crypto outflows from Iranian exchanges spiked 873%, suggesting a digital bank run was ongoing. Iranians fleeing their currency ran to crypto. That volume flows through Coinbase infrastructure globally. Bitcoin recovered from lows near $63,000 on US-Iran war jitters all the way back above $73,000 a 9% surge while the S&P 500 was still flat to negative. Coinbase is the picks and shovels play on every dollar of that crypto volume. COIN is currently trading 49.9% below its 52-week high of $419.78 from July 2025 meaning even a partial recovery back toward that high is a multi-bagger from current levels. 🟢 Buy Zone Current Level ($184-$206 area) Price is sitting right at the SMA 200 ($170.19) with the SMA 20 ($241.98) acting as the first major target overhead. This is a weekly chart setup with a single high-conviction entry zone. Stop: $14.62 below entry (7.924%) / $450,000 position Qty: 3,419 Risk/Reward Ratio: 17.43 Target: +138.087% ($444.77 area / Amount: $1,371,306) Key Levels: 🔑 Current Price: ~$206-$210 🔑 SMA 20: $241.98 🔑 SMA 200: $170.19 🔑 52-Week High: $444.65 🎯 Primary Target: $444.77 🎯 Target Amount at Full Extension: $1,371,306 ⚠️ Hard Stop: $14.62 below entry The traditional market is crumbling under war inflation fears. Bitcoin is recovering faster than any asset on the planet. The US President is personally backing Coinbase legislation. And the stock is sitting 50% below its all-time high with a risk/reward of 17.43 on the weekly chart!