RIOUSDT 1WRIO ~ 1W
#RIO This is a coin in the RWA sector. If you have Conviction on this coin. You can buy them in stages within this block. with a minimum target of 20%++
This trade has moderate risk
Riousdttrade
RIO on support zone RIO hit an important daily support zone. Looking at BTC, i think a pullback is possible there. $1.6-1.7 is holding well, and to see a solid long entry i marked a daily trendline. A break above the main trendline could lead the price to new ATH
RIO Break out patternRealio token is following the ideas i shared some days ago. We are in good profit from that entry, but if someone is looking for a fresh entry, the actual price is good. We can see a classic break out bullish pattern, and we can expect a continuation till resistance area at $2.8
RIO Long setupThis is the setup i am waiting for RIO. I think it could retrace a little bit reaching the support zone at $2.00/$2.03. Actually the price is trying to break out from short term trendline, and a small retest it's possible. I placed my long limit order at first support zone, if it will fail to hold the next support zone is around $1.65. Main target $3.00
RIOUSDT likely to pullback to daily support around 1.39 Here are the support levels for this coin. This one has been moving vehemently in the last few weeks. But I think now there is a time of some pullback. In case there is a major pullback, I have marked various support levels of different degrees on the chart. I think the first major support is the daily support around 1.39 where it can have a good bounce. There will be some bounce from 4h support 4HS1 as well but not sure if that will continue and take the price again beyond the recent high. Anyways, this one is too hyped right now and everyone is talking about so until unless it has a good pullback, its dangerous to touch this one. Remember in the end most of these coins have nothing substantial in the background and they are just bloating on the hype.
