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🚨BIG: @coinbase stock jumped 6.23% to $195.90, building momentum after @brian_armstrong backed the CLARITY Act again. The rally started after Armstrong’s “we agree” reversal, removing a major roadblock that had stalled the bill twice in 2026. The CLARITY Act is now the key catalyst driving sentiment, not fundamentals. Stock reclaimed the 20-day moving average ($179) and printed its first higher-high since March → early signs of trend reversal. Next big levels:   • $211 → 50-SMA resistance   • $220 → breakout confirmation   • Above $220 → opens path to $245–$260 Important: Senate delay (April 20 calendar skip) didn’t kill momentum, just pushed expectations to late April / early May. Bull case → If CLARITY passes committee soon, short squeeze with institutional inflows can push $COIN above $220. Base case → Delay continues → stock likely range-bound between $175–$210. Bear case → If bill fails + weak earnings → retest of $140 possible. Reality check:   • Stock still down ~23% YTD   • Last earnings missed badly → rally is policy-driven, not fundamental. Key triggers to watch:   • Senate Banking Committee calendar   • Stablecoin yield rules (critical for Coinbase revenue)   • Bitcoin direction (strong correlation ~0.45) $COIN's next move depends heavily on whether the CLARITY Act actually passes. The setup is bullish, but confirmation is still pending.

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