CRCL Stock Trading Plan 2025-06-23
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CRCL Stock Trading Plan (2025-06-23)
Final Trading Decision
Comprehensive Summary of Each Model's Key Points
1. DS Report:
Technical Analysis: Price is above key EMAs but showing signs of overextension, with a daily RSI of 89.09 indicating extreme overbought conditions. MACD is bullish but weakening. Key resistance at $245.09. Market Sentiment: General bullish sentiment from positive news (stablecoin bill). However, institutional selling by Cathie Wood presents some bearish pressure. Conclusion: Moderately bearish bias; recommends a short position at $240.28 with a target of $220.00 and a stop-loss at $247.50.
2. LM Report:
Technical Analysis: Price is sustaining bullish momentum but starting to show signs of cooling with RSI declining from overbought levels. Resistance identified at $241.68 and higher at $246.94. Market Sentiment: News regarding stablecoin legislation is bullish; however, vigilance is needed due to mixed signals from institutional flows. Conclusion: Moderately bullish bias, recommends a long position targeting $246.94 with a stop-loss at $239.