Pearl-A

COTIUSDT DESCENDING CHANNEL

Short
BINANCE:COTIUSDT   COTI / TetherUS
Coti had a tremendous rise from the support level(lower low) of the descending channel to the resistance level(lower high) of the channel. Coti looks vulnerable to rejection but before taking a long position, wait for a breakout at $3.6 with a valid retest. If price fails to break, you can take a short position to the key support level.
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