COIN – Breakout Setup With Dual ScenarioCoinbase Global, Inc.BATS:COINmanueldelcura1Technical Context: COIN has been consolidating for several weeks and just broke above the range. The 20-MA has turned upward, confirming a renewed bullish bias. Today’s resting bar after the breakout creates an ideal continuation setup for a long entry. Primary Trade Plan (Long): Entry: Buy above the resting bar’s high (confirmation). Stop Loss: Below the breakout candle’s low. Target: New high (NH) above the recent swing. Management: Move SL to breakeven after first push, trail bar-by-bar or by short-term swing lows. Alternative Scenario (Short): If price fails violently and breaks back below the breakout level, I would flip short with a target near the base of the consolidation (support zone). Bias: Bullish while price holds above the breakout zone. Aggressive short only if a strong reversal invalidates the breakout.