COIN: bullish spike toward $185COINUSDT Perpetual Swap ContractOKX:COINUSDT.P3CommasThe Macro Picture 🗺️ Two days after the bullish reset structure was mapped, the trigger has fired. COIN cleared $170 on a strong impulse candle, breaking through the consolidation that had been forming above the $160 reclaimed macro floor. The RSI crossed back above 50 for the first time since the May breakdown — momentum and price now confirm the same direction for the first time in six weeks. The $145 sweep low looks increasingly like a true capitulation print, and the path of least resistance now points directly toward the $185 supply layer that has been the structural magnet since June 10. Bears who shorted the breakdown are running out of time before the squeeze accelerates. The Setup ⚙️ The Breakout: Today's impulse cleared $170 on the strongest candle since the recovery began, breaking out of the $160–$175 base that had compressed price for nearly two weeks. The conviction in this single bar is the kind of confluence that turns a compression into a directional move — buyers stepping in aggressively, sellers absorbed, structure flipping in real time. The Local Resistance: $175 is the immediate decision point — the June recovery high and the last meaningful supply layer before the $185 magnet. A clean push through this level removes the final friction and leaves the path open into untested territory, where trapped shorts from the late-May breakdown desperately need to exit before the squeeze compounds. The Roadmap: Primary target sits at $185 — as indicated by the white projection, the underside of the structural breakdown zone is where the move concludes its first leg. This is the high-confluence pocket where May's distribution sellers got trapped and where bears now face the strongest defensive incentive. Invalidation: a sustained 1D close back below $165 would invalidate this bullish spike thesis and reopen the equilibrium retest scenario inside the prior consolidation range.