📢 RENDER (RNDR) Price Update & Trade Setup – July 2025 🖥️
Render (RNDR) is trading at $4.16, down slightly after hitting a daily high of $4.29. Price action is consolidating just above support, and technicals show signs of a potential bullish move.
🔹 Market Snapshot:
• Price: $4.16
• Daily Range: $3.86 – $4.29
• Support: $3.90 – $4.00
• Resistance: $4.30 – $4.60
🔍 Technical Analysis:
✅ 50-day moving average acting as support
⚠️ 200-day MA still flat – mid-term trend cautious
📉 RSI neutral (no overbought/sold signals)
📊 MACD flat – waiting for momentum shift
🧠 Fundamental Highlights:
🖼️ RNDR powers decentralized GPU rendering for AI, VFX, gaming & metaverse
🚀 Adoption is growing via integration with major creative platforms
🔮 Analysts forecast $6–$15 potential by late 2025 depending on utility and platform growth
🎯 Trade Setup:
• Buy Zone: $3.90 – $4.00 (bounce trade)
• Breakout Entry: Daily close above $4.30
• Target 1: $4.60
• Target 2: $5.20
• Target 3: $6.00 – $6.50
• Stop-Loss: Below $3.70
📌 Use 1–2% risk per trade. Trail stop once first target hits.
💬 Summary:
Render is consolidating above key support. With strong fundamentals and early bullish signals on the chart, this setup offers clean upside potential.