$RENDER /USDT TECHNICAL ANALYSIS – BULLS IN CONTROL, MOMENTUM CONTINUATION LIKELY 🚀
Market Next Move (Bullish):
$RENDER/USDT has shown strong bullish momentum after a sharp breakout, gaining +11.78% with increasing volume. Price is holding above key intraday support and forming higher highs, indicating buyers are in control. If the price sustains above the breakout zone, continuation toward the next resistance levels is likely in the near term.
📊 Trade Setup (LONG)
Entry Zone: 2.25 – 2.30
Target 1 (TP1): 2.38
Target 2 (TP2): 2.48
Target 3 (TP3): 2.60
Stop Loss (SL): 2.10
> Risk-managed long positions are favored while price holds above the 2.10 support zone.
🔍 Technical Highlights
Strong bullish candle structure on lower timeframes
Volume expansion confirms breakout strength
Previous resistance near 2.20–2.25 flipped into support
Momentum indicators suggest continuation rather than exhaustion
🌍 Short Market Outlook
Overall market sentiment for infrastructure and AI-related tokens remains positive. As long as $RENDER sustains above key support levels, the trend favors buyers. A breakdown below support would invalidate the bullish setup and signal consolidation or pullback.
#RENDER #CryptoAnalysis #BullishTrend #Altcoins #Trading $RENDER