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Crypto stocks, such as Coinbase (NASDAQ:COIN) and MARA Holdings (NASDAQ:MARA), are down 4% on Monday, with Robinhood Markets Inc. (NASDAQ:HOOD) showing notable relative strength.
HOOD Holding Major Fibonacci Support
Robinhood is sitting between the 0.236 Fibonacci retracement at $75.45 and 0.382 Fib at $78.86.
This compression zone needs to break upward for the next leg higher.
Every Fibonacci level above represents a clear target ladder: $78.86 → $81.63 → $84.39 → $88.31, with the full swing high retest at $93.32 as the macro target.
The EMA stack remains bearish overhead with all four declining EMAs stacked as resistance layers.
Support sits at $75.45 …
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