Coinbase Global Inc. (NASDAQ:COIN) has just flashed a dreaded Death Cross, the technical indicator that sends shivers down bullish spines.
The stock’s 50-day simple moving average (SMA) has plunged below the 200-day SMA, historically a signal of bearish momentum.
But before you start shorting Coinbase’s stock into oblivion, there’s more to the story.
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COIN’s Technical Setup: Bearish Or Oversold?
Coinbase stock has had a brutal …
