$RENDER โ Bearish momentum accelerating as key resistance holds.
Short $RENDER
Entry: 1.62 โ 1.65
SL: 1.73
TP1: 1.55
TP2: 1.48
RENDER is currently facing strong downward pressure as technical indicators signal a "Strong Sell" outlook across multiple timeframes. With the broader market sentiment in "Extreme Fear" and RENDER's high 0.85 correlation with Bitcoin, any further weakness in BTC could see the price lose its $1.55 support floor and accelerate toward the $1.48 liquidity pocket. Short-term momentum remains firmly in the bears' hands until a clean breakout above the $1.66 Fibonacci resistance occurs.
Trade $RENDER here ๐
{future}(RENDERUSDT)