RENDER is fighting below the 1.45 resistance, and the market is turning bearish. The next swing to the 1.38 cluster looks like a target.
🔴 $RENDER SHORT 📉
Entry → $1.5035-$1.5065
Stop → $1.5501 (-3.0%)
TP1 → $1.4824 (+1.5%)
TP2 → $1.4297 (+5.0%)
R/R 1:1.7 • Confidence 64%
A clear change of character popped off as price broke the bullish structure, confirmed by a surge in CVD volume. The bearish order block sits on top of a fair value gap, and a liquidity sweep hit the prior swing low, creating a POI where OB and FVG overlap. The confluence pushes the short bias higher.
A 3.0% stop is relatively tight for this swing, so stay under 5x leverage to keep margin safe.
Take half profit around the first target near 1.38 once price respects the order block.
As always: manage your risk, this is not financial advice 🙏
$RENDER #RENDERUSDT #SMC #TradingSignals #Write2Earn
🔴 $RENDER SHORT 📉
Entry → $1.5035-$1.5065
Stop → $1.5501 (-3.0%)
TP1 → $1.4824 (+1.5%)
TP2 → $1.4297 (+5.0%)
R/R 1:1.7 • Confidence 64%
A clear change of character popped off as price broke the bullish structure, confirmed by a surge in CVD volume. The bearish order block sits on top of a fair value gap, and a liquidity sweep hit the prior swing low, creating a POI where OB and FVG overlap. The confluence pushes the short bias higher.
A 3.0% stop is relatively tight for this swing, so stay under 5x leverage to keep margin safe.
Take half profit around the first target near 1.38 once price respects the order block.
As always: manage your risk, this is not financial advice 🙏
$RENDER #RENDERUSDT #SMC #TradingSignals #Write2Earn