RIOT / 4h

RIOT continued its intraday rise, albeit modestly, reaching the midline of the projected advance before closing just below it by day's end.

📈🎬 In line with the bullish scenario, the structure is progressing step by step toward completing the projected initial leg of a Primary-degree uptrend. A surge above 15.34 would technically validate the Leading Diagonal in Intermediate Wave (1) as a completed structure, potentially confirming the onset of a broader bullish trend. Based on current technical analysis, the projected advance for Minor Wave 5 stands at approximately 72%.

📉🎬 >> Upon completion of Minor Wave 5, the leading diagonal pattern will be firmly established as a potentially bullish structure, setting the stage for a corrective retracement in Intermediate Wave (2).

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