🔥 $RENDER Is Compressing at a Key Turning Point 🔥
RENDER is trading inside a well-defined falling wedge while sitting on higher-timeframe demand — a structure often seen near major trend shifts. Selling pressure is fading, price action is tightening, and the chart is setting up for a decisive move.
📌 Current Price: $1.51
🟢 Primary Support Zone
• $1.45–$1.40 → strong demand area
🎯 Potential Upside Levels
• $3.00 → initial expansion target
• $5.30 → continuation zone
• $7.30 → higher resistance
• $11–$12.5 → major supply / profit zone
As the range compresses and the downtrend loses momentum, a breakout could trigger a sharp acceleration. These are typically the zones where early positioning happens — not after the move is obvious.
Structure tightens first. Momentum follows. 🚀
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