Jul. 13 at 10:49 PM
$RIOT One of the more important charts I'm watching this week.
Price is retesting a key Gann angle on the weekly chart, and this is not a level I'd ignore. As long as this area holds, the higher-low structure remains intact, keeping the broader trend constructive.
If buyers defend this zone, it could provide the foundation for the next upside move. A failure to hold, however, would increase the probability of another leg lower, so this is a decision point for the chart.
No rush to chase. I'm waiting for confirmation before getting more aggressive. Check my profile for more market setups and analysis.
