Coti / Tether
Long
Updated

Take a look at $COTI....

118
COTIUSDT - Broken through longstanding resistance (1st red circle) and retested same level as support...

Aim here is to open continuance long in same area (second red circle) and run through - switch to chasing stop at recent high...

Tight stops allow this to be a good R:R trade. Loses the close block EMAs (I 12,24, 32) and next support around 0.0957 for second entry.

Certainly worth consideration
Note
Now consolidating at support.

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