$RENDER /USDT SHORT TRADE SIGNAL
Technical Analysis:
RENDER/USDT has faced strong resistance near 1.747 and failed to break above, showing bearish rejection. The price is now correcting lower from recent highs, indicating potential further downside. Bearish momentum is building with supply pressure near resistance levels.
Trade Setup (Short):
Entry Zone: 1.716 – 1.730
Target 1: 1.652
Target 2: 1.598
Stop Loss: 1.760
Market shows signs of a short-term downtrend as sellers gain control after resistance rejection. Price may continue testing lower support levels if bearish pressure sustains.
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