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RIOT trading setup showing solid technical follow-through. The morning star reversal pattern we flagged earlier triggered nicely, then consolidated into a triple-bottom formation that just punched through the descending resistance line.
Worth noting from both the chart mechanics and trader psychology angle—this sequence tells you something shifted. You're looking at a clear transition from accumulation phase weakness into potential strength building. The way price rejected lower levels repeatedly before breaking resistance suggests there's real conviction behind the move, not just a quick pump.
Traders who caught that pattern progression picked solid entry points. The technical setup aligned with actual volume behavior through the levels, which usually matters more than just staring at pretty patterns.