I’m watching $RENDER explode upward after that flush into 1.529, and the chart shows a textbook liquidity sweep — a hard red dump, a final stop-hunt wick, and then a clean V-shaped reversal as buyers took full control. The bounce wasn’t gradual at all; $RENDER shot straight through multiple resistance levels and tagged 1.630 in one strong vertical leg.
Now $RENDER is hovering around 1.626, holding the very top of the move. Dips are barely forming — buyers are absorbing everything instantly. Sellers clearly lost momentum right after the liquidation wick, and bulls are pressing the advantage while momentum is hot.
If RENDERholds above 1.613, continuation toward the next resistance zones is in play.
Below 1.598, the breakout starts weakening.
Entry Zone: 1.613 – 1.630
TG1: 1.645
TG2: 1.662
TG3: 1.684
Stop-Loss: 1.597
Strong vertical reversals reward discipline manage entries carefully.
