📊 $RNDR FACES SHORT-TERM RESISTANCE!
Bearish ❌
Current Price: $9.20
📌 Entry Zone: $9.15 – $9.25
🛑 Stop Loss: $9.45
🎯 TP1: $8.90 | TP2: $8.70 | TP3: $8.40
$RNDR has seen a parabolic rise but is now showing signs of exhaustion at a key supply zone. Render is encountering significant selling pressure here, making it a prime candidate for a short-term scalp trade back towards recent support levels. Overbought conditions confirm this.
⚠️ A sustained break and close above $9.45 invalidates this setup.
Are you taking profits on $RNDR or looking for a dip?