$RENDER is clearly in a short-term downtrend, printing lower highs and lower lows on the 15m chart. Every bounce is getting sold quickly, showing weak demand and strong seller control. The recent push up failed near the previous lower high, confirming this is bearish continuation, not a reversal.
Price is now hovering just above intraday support, but the structure still favors another leg down unless buyers step in aggressively. For scalping, rallies into resistance remain the safer side.
๐ When would trend change?
Only if $RENDER reclaims and holds above 1.255 โ 1.265 with strong momentum. Below this zone, the bias stays bearish.
๐ฝ Short Scalp Trade Signal
Entry Zone: 1.245 โ 1.255
TP1: 1.230
TP2: 1.215
Stop Loss: 1.270
Leverage: 20x โ 50x
Margin: 2% โ 5%
Risk Management: Move stoploss to entry once TP1 is hit
Short #RENDER Here ๐๐

RENDERUSDT
Perp
1.267
+1.27%