$RENDER /USDT is heating up with a solid 10% intraday push, and the chart hints that something bigger might be brewing.
After tapping the day’s low at $1.578, price powered up to $1.738, showing strong bid support. Earlier, RENDER tested $1.780, and the rejection only led to a measured cooldown—classic consolidation before the next potential leg up.
Market Snapshot:
• 24h High: $1.780
• 24h Low: $1.578
• +10% daily gain showing sustained bullish strength
• MA(7), MA(25), MA(99) compressing — volatility tightening
• Support forming: $1.729–$1.718
• MA(99) (1.712) rising steadily, acting as a solid trend base
Analyst View:
Price action is stabilizing right above key support, giving off clear accumulation signals. If buyers defend this zone, a fresh push toward $1.76–$1.78 looks very possible. The chart may appear calm, but momentum under the hood is building like a coiled spring.
RENDERUSDT Perp: 1.738 (+10.2%)
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