$COIN #Coinbase
The main focus is the yellow resistance line above and the yellow support line below.
Bullish case:
If price sweeps the upper yellow level and holds above it, that would confirm strength and open the path for continuation higher. In that case, I want to see supply break and market structure print HH/HL.
Bearish case:
If price fails to reclaim that upper level and starts closing back below, that would show rejection from supply. From there, I would expect weakness to build and structure to shift into LL/LH, with the lower yellow level becoming the main downside objective.
Right now this is a patience setup, not a chase setup.
Let price confirm the direction first, then react to the structure.
Levels decide. Structure confirms. Reaction follows.
Not financial advice. For educational purposes only.
#PriceAction #TradingSetup #MarketStructure
