Decentralized rendering network experiences selling alongside broader AI infrastructure theme.
What's Happening:
$RENDER crashes 8.37% to $1.39 amid AI infrastructure selloff
GPU computing demand strong but token faces rotation
24h range from $1.36 to $1.52 shows 11% volatility
Fear & Greed at 24 hitting AI-adjacent tokens
Why It Matters: RENDER provides real utility for GPU computing and has partnerships with major users, but during extreme fear, even productive networks face token selling.
Technical View: RENDER broke below $1.40 level. Critical support at $1.36 (24h low). Resistance at $1.52. High correlation with AI sector rotation.
🎯 Key Levels:
Support: $1.36 | Resistance: $1.52
24h Range: $1.36 - $1.52
💡 GPU demand is real - but token price leads/lags actual network usage
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Render #RENDER #GPU #AI #Computing
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
