$RENDER 7.5K shorts wiped at $1.83 — bears just got squeezed. This kind of move usually fuels continuation as trapped sellers turn into buyers.

RENDER is showing early strength, but this is where patience matters. Don’t chase the spike — wait for structure to form.

Trade Setup:

Entry Point:

$1.75 – $1.80 (on pullback + support confirmation)

Stop Loss (SL):

$1.68 (below recent demand zone)

Take Profit (TP):

🎯 $1.95

🎯 $2.10

🎯 $2.30

Expectation:

Short-term bullish continuation is likely if volume holds. If momentum weakens, expect a quick retrace before the next move.

Smart traders wait for the dip not the hype.

#RENDER #CryptoTrading #ShortSqueeze #CryptoSignals #TradingSetup $RENDER

RENDERUSDT

Perp

1.796

-1.53%