Riot Platforms, Inc. (RIOT)

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Riot Platforms, Inc. (RIOT)Riot Platforms, Inc.BATS:RIOTIbrahimTarekThe chart shows a falling wedge pattern, which is typically a bullish reversal structure forming after a corrective phase. 🔍 Price Structure The price formed a clear A–B–C–D structure within a contracting falling wedge. This pattern reflects decreasing bearish momentum and accumulation. Price is حاليا near the lower boundary, suggesting a potential retest and bounce zone. 📈 Key Levels Entry Zone: $15.30 – $14.40 → منطقة طلب قوية + retest للـ wedge support. Stop Loss: $11.00 → كسر واضح أسفل النموذج = فشل السيناريو. Target Zone: $40.75 – $44.16 → منطقة مقاومة رئيسية + previous supply zone. 📊 Volume Insight Volume is generally declining داخل النموذج, which aligns with wedge behavior. A valid breakout should be supported by a strong increase in volume. ⚠️ Scenarios Bullish Scenario (Primary): Retest ناجح لمنطقة الدخول Bounce + breakout above wedge resistance تسارع صعودي قوي نحو target zone Bearish Scenario: Breakdown below $14.40 استمرار الهبوط نحو $11.00 إلغاء النموذج 💡 Conclusion RIOT is in a potential reversal phase داخل falling wedge. The setup favors a bullish move بشرط الحفاظ على منطقة الدعم والدخول بتأكيد سعري واضح.