Coinbase ($COIN) Stock Bounces to $25 Amid Bitcoin Weakness, Key Resistance at $195 and 200-Day Moving Average

Coinbase Global Inc. ($COIN) has garnered attention for its recent performance, with analysts noting a significant bounce in its stock price. Following a positive report, the stock was observed to be closely tied to Bitcoin's performance, which has shown weakness. Key technical levels for $COIN are highlighted, with $195 identified as a crucial resistance point, while the 200-day moving average is also under scrutiny. Investors are reacting positively to the bounce, with some indicating that the recent price movement presents a buying opportunity.