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[Analysis] Coinbase, IPO-ed at the wrong time!

Coinbase Global (NASDAQ:COIN)  
NimbusCapital  
NASDAQ:COIN   Coinbase Global
Trend Analysis Support and Resistance Supply and Demand
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trendanalysis supportandresistance supplyanddemand
The sad story of coinbase.
IPO right at the time when bitcoin was at its highest (60K).

Now it fell alongside the crypto.
Bitcoin vs Coinbase

While there is demand 210, is it enough to overcome the 2 major supply zone?

As long as cryptos pressured, coinbase will remain pressured as well.

Verdict: Not a good time to go.

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