Coinbase Global, Inc. (NASDAQ:COIN) is experiencing quiet trading activity on Tuesday, with shares hovering around $182. The stock is currently within a trading range, which presents opportunities for profit. Traders often look to buy at the support level, where demand is strong, leading to potential price increases. Conversely, resistance levels indicate where selling pressure is high, causing price rallies to stall. Some traders prefer to buy at the lower end of the range, while others wait for a breakout above resistance. A successful breakout could signal a bullish trend, as it suggests that the supply preventing price increases has been removed from the market. This could lead to competitive bidding among buyers, pushing prices higher. Understanding these dynamics can help investors navigate trading strategies effectively.