To The Moon

$Coinbase Global, Inc.(COIN)$

Coinbase Global, Inc.(COIN) Rockets +13.00%: Strong Rebound Off 52-Week Low, $165 Zone Activated

Latest Close Data

Closed at $165.12 on 2026-02-05, surging +13.00% ($19.00). Price is now ~$279 below its 52-week high of $444.64.

Core Market Drivers

1. The rally appears driven by a technical bounce from deeply oversold conditions near the 52-week low.

2. While no specific news is cited in the provided data, the massive 9.55% intraday amplitude and high volume suggest significant short-covering and renewed speculative interest following a prolonged downtrend.

Technical Analysis

• Volume was strong at 19.78M shares (Volume Ratio: 1.22), confirming the breakout.

• RSI(6) spiked from extreme oversold levels near 2.74 to 30.67, indicating a powerful momentum shift.

• MACD remains deep in negative territory (DIF: -22.04, DEA: -16.49), signaling the primary trend is still bearish; this rally is currently a counter-trend move.

Key Price Levels

* Primary Support: $146.16 (Recent swing low, must hold).

* Strong Resistance: $241.16 (Key level from 2026-02-06).

* Immediate Pivot: ~$165 (Today's close & high). Sustaining above this is critical for further upside.

Valuation Perspective

P/E TTM is 14.38, which appears low historically but is above the Forward P/E average of 11.72. P/S TTM of 6.04 remains elevated compared to traditional financials, typical for crypto-centric growth stocks.

Analyst Targets

Sentiment is bullish long-term. 32 analysts have an average price target of $335.55 (103% upside). Recommendations: 9 Strong Buy, 16 Buy, 11 Hold, 1 Sell.

Weekly Outlook

Expect volatility between $151-$175 as the market digests this sharp move. A close above $170 could target $190-$200. A failure to hold $160 may see a retest of the $146 support.

Risk Disclaimer

This analysis is for informational purposes only and not financial advice. Cryptocurrency-related stocks like COIN are highly volatile and subject to regulatory and market risks. Past performance is not indicative of future results. Conduct your own research before investing.