Render (RENDER) rallied to a two-month high of $2.70 after buyers re-entered both spot and futures markets with conviction — but profit-taking has already trimmed some gains. What happened - After earlier upside momentum broke and the token dipped to $2.03, RENDER staged a strong recovery, jumping about 22% from roughly $2.20 to $2.70 and moving above the 20-, 50- and 100‑day EMAs. - The token later retraced to $2.47 at the time of reporting, still up 8.2% on the day. Trading volume surged roughly 230% to $242 million, signaling renewed market interest. (Source: TradingView) On-chain and order-flow signals - Sentiment shifted decisively on Jan. 11 as buyers accumulated: Accumulation Volume hit 13.16 million and Accumulation/Distribution Volume reached 8.88 million, flipping the prior distribution trend. - Accumulation momentum eased on Jan. 12, with ADV falling by about 4.22 million, but buyers remained active. (Source: TradingView) - The Buyer vs Seller Strength indicator mirrored this: on Jan. 11 buyer strength spiked to 70 versus sellers at 29; on Jan. 12 seller conviction jumped to 93, reflecting heavier profit-taking. Derivatives activity - Futures interest climbed sharply even as spot softened. Derivatives volume rose ~249% to $508 million and open interest expanded about 31% to $78.43 million — typically a sign of greater participation and higher capital flow into futures. (Source: CoinGlass) - Futures flows showed $168.55 million in inflows versus $165.05 million in outflows, producing a netflow increase of roughly 700% to $3.5 million. - The long/short ratio stood at 1.02, with Binance traders leading longs, implying a slight bullish tilt among derivatives participants. Momentum and near-term outlook - RENDER’s RSI cooled from 75 to 69, still in bullish territory but pointing to rising downward pressure as sellers take profits. (Source: TradingView) - The coming direction depends on whether buyers can reassert control: if buying momentum resumes, RENDER could re-test the 200‑day EMA around $2.70 and push toward a $3.50 resistance. If seller pressure intensifies, support near $2.10 could come into play. Bottom line Buyers returned decisively last week, driving a strong rebound in both spot and futures markets, but increased profit-taking and a softer spot price mean upside is not guaranteed. Watch volume, open interest, and buyer/seller strength for clues on whether the rally has legs. Disclaimer: This summary is informational and not investment advice. Cryptocurrency trading carries high risk; do your own research before making decisions. © 2026 AMBCrypto (sources: TradingView, CoinGlass) Read more AI-generated news on: undefined/news

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