$RENDER pushed up into the 2.30–2.31 resistance zone, where price was clearly rejected and sellers stepped in aggressively. After tagging that level, price dropped fast toward 2.18, showing that buyers were not strong enough to hold higher prices. This move looks like a reaction after a failed push higher, not a healthy continuation.

Right now, price is consolidating below resistance and struggling to recover momentum. As long as 2.23–2.25 keeps acting as resistance, the structure favors another move back toward the lower support zone. Acceptance above the rejection area would invalidate this setup, but rejection here keeps the scalp idea active.

Scalp Trade Plan

Short

Entry Zone: 2.22 – 2.25

TP1: 2.18

TP2: 2.14

Stop Loss: 2.31

Leverage: 20x – 50x

Margin: 1% – 3%

Risk Tip: Take partial profit at TP1 and move stop-loss to entry.

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Short #RENDER Here 👇👇

RENDERUSDT

Perp

2.214

-0.71%