🎨 RENDER GOES NUCLEAR: +20% Blast! RSI Hits 91! 🚨🔥
RENDER has exploded, surging +20% to trade at $1.84! The bulls are dominating, but the indicators are flashing a "Red Alert."
Technical Reality Check:
RSI Maxed Out: The Daily RSI(6) has hit a staggering 90.96. Similarly, the 4H RSI is at 90.29. In trading, an RSI above 90 is a "statistical anomaly" that almost always precedes a sharp crash or correction.
Major Resistance Ahead: The price is rushing straight into the Daily EMA(89) at $1.983. This is a massive "Take Profit" zone for whales.
The Air Gap: RENDER is trading far above its true support baseline. The Daily EMA(34) is lagging way down at $1.522.
My Game Plan:
🚫 Don't Buy: Entering now is chasing a parabolic move. The risk of a 15-20% drop is high.
📉 Watch the Dip: Patience pays. I am setting buy orders near the $1.46 - $1.50 zone (4H EMAs) to catch the bounce safely.
Verdict: The trend is bullish, but the engine is overheating. Let it cool down!
👇 Are you holding RENDER to $2.00? Vote YES or NO below!
👉 FOLLOW ME for sniper entries on the next dip! 🎯💸
#render $RENDER