Nvidia just printed its biggest earnings ever. There's a crypto that earns revenue every time an AI model uses a GPU โ and it just broke out of a 4-month range with the biggest volume candle in its history. ๐
Here's exactly what the data is saying on $RENDER right now:
Price exploded from a $1.75 base all the way to $2.34 โ now sitting above every single moving average on the 1D chart. MA7 at $2.06, MA25 at $1.94, MA99 at $1.75 โ all acting as support floors below price. ๐ On-chain data from Santiment confirmed daily active addresses hit 394 โ a 12-week high โ while 118 new wallets were created in a single day. That's real users, not bots. ๐ฅ Derivatives volume surged 126% to $302M and open interest climbed 47% โ institutions are loading leveraged positions right now, not exiting. Today's small pullback to $2.26 is the re-entry the chart is offering. ๐ฏ 101 BlockchainsCoincub
๐ Trade Setup:
Entry: $2.20โ$2.26 | TP1: $2.80 (+25%) | TP2: $3.20 (+44%) | SL: $1.94 (-14%)
Hold MA7 at $2.06 = momentum intact. Lose $1.94 = step aside. ๐ก
Follow @Finlogic for daily setups โ 9:30 AM & 8 PM IST ๐
