$RENDER R is hitting a heavy ceiling. The hype is fading and the sellers are finally taking the wheel.
$RENDER SHORT
Entry: 1.37– 1.43
SL: 1.47
TP1: 1.30
TP2: 1.26
TP3: 1.21
Just trapped in a short-term downtrend and is struggling to break above key moving average resistance. We're seeing a clear bearish divergence on the RSI, signaling that the recent push up was a low-volume fakeout designed to trap late buyers. With the AI sector under heavy pressure and a massive pool of sell-side liquidity resting near the $1.26 support zone, the draw on liquidity is firmly to the downside as the market seeks to rebalance this inefficient move.
Trade $RENDER here
RENDERUSDT
دائم
1.348
-0.37%
#USIranStandoff #Binance #BitcoinGoogleSearchesSurge #RiskAssetsMarketShock