$RENDER / USDT Breakout Holding, Bullish Momentum Strong 📈
$RENDER has broken above its previous resistance with strong follow-through. Buyers are clearly in control, and the structure remains bullish on the short-term timeframe. As long as price holds above the breakout zone, continuation toward higher levels is favored.
Market Context:
Breakout → acceptance above resistance → momentum continuation
Entry Zone:
→ 1.40 – 1.45
Targets:
TP1 → 1.52
TP2 → 1.65
TP3 → 1.80
Stop Loss:
→ Below 1.32
Why This Setup Looks Strong:
1 → Clean breakout with strong bullish candles
2 → Previous resistance flipped into support
3 → Momentum expanding, sellers weak
4 → Clear upside targets with good R:R
Invalidation:
A sustained break below 1.32 invalidates the bullish structure.
Bias:
Bullish 📈 while price holds above the breakout zone
Trade patiently, avoid chasing extensions, and manage risk strictly.
