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🚨 $COIN at a Crossroads:
▪️ Coinbase is testing a major long-term support level for the 5th time.
▪️ A weekly breakdown could send shares toward the $60-$70 range.
▪️ Bearish technical structure continues to pressure the stock.
▪️ Meanwhile, Coinbase secured MiCA approval through Luxembourg.
▪️ The licence strengthens its regulated presence across the EU.
📉 Weak charts vs 🇪🇺 expanding regulation: investors are watching which side wins.