šŸ”„ RENDERUSDT | Short-Term Market Update šŸ“Š


Render ($RNDR ) has shown a strong push to the upside after a period of choppy consolidation. Price is currently testing a key resistance zone, and the next move will depend on breakout confirmation šŸ‘€


šŸ“Œ Bullish Scenario (Buy Setup)

āœ… Entry:

1.425 – 1.435

(Break & hold above recent resistance)


šŸ›‘ Stop Loss (SL):

āŒ 1.395

(Below recent higher-low / structure support)

RENDER
RENDER
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RENDER
RENDERUSDT
1.278
-7.99%

šŸŽÆ Take Profit (TP):

šŸ„‡ TP1: 1.460

🄈 TP2: 1.500

šŸ„‰ TP3: 1.550


āž”ļø If breakout holds with volume, upside momentum can accelerate šŸš€



šŸ“‰ Bearish Scenario (Sell Setup)

If price fails to hold above 1.395 and gives a strong bearish close:


šŸ“Œ Sell Targets:

šŸ‘‰ 1.370 – 1.345 support zone


Further weakness may extend the pullback.



🧠 Market Insight

• Short-term trend: Neutral → Bullish

• Price attempting higher-high structure

• Volume confirmation is key for continuation

• Fake breakout risk if rejection occurs near resistance