Feb. 9 at 8:03 AM
$COIN — Volatility here isn’t a flaw, it’s part of the setup.
I’ve seen this movie before with IPO bases like
$PLTR and
$HOOD: wide price swings, emotional shakeouts, then resolution to the upside once structure matures.
Yes, these names are brutal psychologically — that’s exactly why most get shaken out early.
Right now,
$COIN is carving a broadening base, and when you overlay key Fib retracement levels, price is respecting them surprisingly well. That combo often signals energy building, not distribution.
If this range tightens after exhausting both sides, the next directional move could be meaningful. Volatility creates opportunity — if you can stay rational while others can’t.
