๐ฅ $RENDER Is Compressing at a Key Turning Point ๐ฅ
RENDER is trading inside a well-defined falling wedge while sitting on higher-timeframe demand โ 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.
๐ Current Price: $1.51
๐ข Primary Support Zone
โข $1.45โ$1.40 โ strong demand area
๐ฏ Potential Upside Levels
โข $3.00 โ initial expansion target
โข $5.30 โ continuation zone
โข $7.30 โ higher resistance
โข $11โ$12.5 โ 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 โ not after the move is obvious.
Structure tightens first. Momentum follows. ๐
#render #altcoins #CryptoAnalysis" #Marketstructure #BinanceSquare