Technical analysis by Flyte-X about Symbol COTI: Buy recommendation (9/27/2022)

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 considerationNow consolidating at support.