Chart Analysis: $RENDER /USDT (15m)
• Pattern Identified: Descending channel with a potential breakout attempt.
• Current Price: $5.618 (+0.25%)
Trade Setup:
1. Long Entry:
• Above $5.65, confirming a breakout.
• Target: $5.73 (24h High),
• Stop-Loss: $5.58.
2. Short Entry:
• If rejected near $5.65, enter below $5.60.
• Target: $5.45 (24h Low).
• Stop-Loss: $5.66.
Watch for volume confirmation on breakout for reliability.
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