$RENDER has confirmed a 4H double-bottom structure with a neckline breakout at $5.90. RSI has moved into positive territory at 57, while OI increased modestly and the supplied data shows minimal liquidation overhang. The $5.90–$6.05 zone is the stated entry area, with $5.80 providing nearby support and $6.45 marking the first resistance.
📈 Bias: Moderately Bullish | 🎯 Entry: $5.90–$6.05 | 🛡 Support: $5.80, $5.45 | 🚧 Resistance: $6.45, $7.00 | 🎯 Targets: $6.45, $6.90, $7.40 | ❌ Invalidation: $5.70
Strategy: Confirmation following the neckline breakout.
#RENDER #CryptoTrading #DePIN #Binance #TechnicalAnalysis
📈 Bias: Moderately Bullish | 🎯 Entry: $5.90–$6.05 | 🛡 Support: $5.80, $5.45 | 🚧 Resistance: $6.45, $7.00 | 🎯 Targets: $6.45, $6.90, $7.40 | ❌ Invalidation: $5.70
Strategy: Confirmation following the neckline breakout.
#RENDER #CryptoTrading #DePIN #Binance #TechnicalAnalysis
