$RENDER
R/FDUSD โ BULLISH BREAKOUT SETUP ๐๐ฅ
$RENDER is showing strong bullish momentum as price continues to trade above all key EMAs โ EMA(7): 2.508, EMA(25): 2.465, and EMA(99): 2.403, confirming a solid uptrend. Increasing volume and positive price action suggest further upside potential.
๐น KEY LEVELS:
Support: $2.46 โ $2.40 ๐ข
Resistance: $2.58 โ $2.60 ๐ด
Current Price: $2.56 ๐ฐ
๐ TRADE SETUP (LONG ENTRY):
Entry: Above $2.57 โ
Take Profit (TP):
๐ฏ TP1: $2.70
๐ฏ TP2: $2.85
๐ฏ TP3: $3.00
Stop Loss (SL): Below $2.45 โ
โ๏ธ RISK MANAGEMENT:
Risk only 2โ3% per trade, maintain strict SL discipline, and trail profits as targets are reached to secure gains. ๐๐ช
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