CIRCLE INTERNET GROUP - BUY if the resistances at 182.50 and 186 are broken.

Circle Internet (CRCL.N) debuted on June 5 at $69 per share in the first major IPO by a stablecoin issuer. The blockbuster flotation represents the biggest crypto listing since Coinbase's 2021 debut (at $31).
Now, Circle is applying to create a national trust bank in the U.S., a major move after its blockbuster IPO valued the company at nearly $18 billion earlier this month. If the charter is granted by the U.S. Office of the Comptroller of the Currency, it would enable Circle to act as a custodian for its own reserves and hold crypto assets on behalf of institutional clients.

The following observations can be derived from the chart:
The stock surged from the intraday low of June 5, 2025 at 64 to the high at 298.99 on June 23, 2025. This is a gain of 367% in 12 trading days. The pattern of the rise clearly has the shape of a BUBBLE. From the June 23 high, Circle has been declining to today’s low at 171.50. Today’s rally could be the start of a sizable rally.
I WOULD BUY CIRCLE IF THE RESISTANCES AT 182.50, 186, 191 to 193 AND 199 ARE BROKEN.
Supports are at 176, 172 and 163 and 154.