RENDER's breaking down hard right now, just took out the recent lows. This thing's looking ripe for a short
🔴
$RENDER SHORT 📉 — Trade Plan
• Entry: $1.3227 – $1.3253
• Stop: $1.3637 (-3.0%)
• Target 1: $1.3041 (+1.5%)
• Target 2: $1.2578 (+5.0%)
• R/R 1:1.7 | Confidence 64%
Signals are lining up for a solid short opportunity - we've got a clear market structure break, volume confirming the direction, and a fair value gap that's just begging to be filled. The order block and liquidity sweep are just adding fuel to the fire, and with the POI confluence, it's a pretty compelling setup. Overall structure's looking pretty weak
3.0% stop loss feels about right for this one, and I'd be using 2x leverage to keep the risk in check
If we hit TP1, I'm taking some off the table to lock in some profit and letting the rest ride
Not financial advice — trade only what you can afford to lose 🙏
$RENDER #RENDERUSDT #SMC #TradingSignals #Write2Earn