Jan. 18 at 12:05 AM
$RIOT Weekly looking explosive as we kick off 2026. 🚀
Massive 16% move this week, reclaiming key trendline support and pushing through the volume shelf. We are approaching a major supply zone, but RSI still has plenty of runway before getting overextended. 📈
Bull Case: 🐂
Clear the
$20.00 psychological level on a weekly close to confirm a run toward the upper channel resistance at
$22.50 and eventually
$30.00.
Bear Case: 🐻
Failure to hold
$17.50 likely leads to a retest of the mid-channel support near
$15.00. Losing that level invalidates the current breakout.
Key levels to confirm:
✅ Breakout:
$20.00
🛡️ Support:
$15.00
#RIOT #Bitcoin #Trading #hovdid