$RENDER is trading like it knows exactly where it wants to go. The move from the 1.38 area wasn’t rushed or chaotic, it was built step by step, with buyers defending every dip and refusing to let price slip back into the old range. That kind of price action usually shows confidence, not hype.
Right now price is sitting near the highs around 1.53, and what stands out is how comfortable it looks there. No aggressive rejection, no panic selling, just steady acceptance. Riding the upper Bollinger band tells the same story. Momentum is strong and the trend is still intact. When markets are weak, they spike and fade. When they’re strong, they hold near the top and wait.
The structure underneath is clean. Higher lows are clearly printed, and the mid Bollinger zone around 1.45 has turned into a solid support area. Even if price takes a breather and pulls back slightly, as long as that region holds, the bullish setup doesn’t break. In fact, controlled pullbacks often reset momentum for another push.
Volume adds another layer of confidence. Activity increased on the breakout and didn’t disappear after. That means participation is still there, not just a one candle wonder. Buyers are engaged, and sellers haven’t shown any real dominance yet.
If price continues to accept above the 1.50 area, the market starts treating it as value rather than resistance. That’s where continuation usually comes from. Any dips that stay shallow and get quickly bought keep the upside narrative alive.
This isn’t a chart that looks finished. It looks like a market that has woken up and is stretching. As long as structure holds and momentum stays steady, RENDER remains biased to the upside, with patience being rewarded more than panic right now
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