$RENDER 24-hour new high confirmed.
24h +3.02%, current price 1.636, previous high 1.622.
Structurally, a new high means there is less overhead supply from holders stuck at higher prices, so short-term resistance is relatively low. However, if the price quickly falls back below the previous high, watch out for a false breakout. Which signal do you trust more?
24h +3.02%, current price 1.636, previous high 1.622.
Structurally, a new high means there is less overhead supply from holders stuck at higher prices, so short-term resistance is relatively low. However, if the price quickly falls back below the previous high, watch out for a false breakout. Which signal do you trust more?