COIN rising but facing expected resistance at 230, 241.15, and 255.86.

Well, the first chart I'm following today is Coinbase, which is up 4.2%. So, Coinbase is benefiting from this rise. As we have seen, the price rose from this trend line, then returned to it after it had acted as resistance, then became support, then began to consolidate, then rose again.

So, where do I expect Coinbase to encounter resistance? Here I focus on swing trading. I see this trend line here, an upward trend line. This line has been subjected to seven consecutive tests.

However, it has not been tested since late May, so it has had enough time to be re-enhanced. If it continues to rise today or this week, I expect some pressure at the 230 level, which will hit this trend line , coinciding with the previous consolidation level at 230.

I expect this to be the next major resistance for Coinbase.

Then there are two gaps in the graphs at 241.15 and 255.86. I expect strong resistance there.

If we return to the support level, we will need to monitor the area we broke through. We may see a rebound to that level. Well, we'll see that the price is located approximately at 196.62, which is the highest level in this region.