$RENDER showing a potential downside as price slips below EMA20 at 1.5404, with RSI at 43.6, everyone!
Setup Short🔴
Entry: 1.526
TP: 1.4881 - 1.4502 - 1.4123
SL: 1.6018
Reasoning: The price is now under both EMA20 (1.5404) and EMA50 (1.5336), indicating a bearish short‑term bias. RSI at 43.6 suggests weakening momentum, and the higher‑timeframe trend remains down, supporting a short entry at 1.526 with the outlined profit targets and stop loss.
Setup Short🔴
Entry: 1.526
TP: 1.4881 - 1.4502 - 1.4123
SL: 1.6018
Reasoning: The price is now under both EMA20 (1.5404) and EMA50 (1.5336), indicating a bearish short‑term bias. RSI at 43.6 suggests weakening momentum, and the higher‑timeframe trend remains down, supporting a short entry at 1.526 with the outlined profit targets and stop loss.
