renderupdate

🚨 $RENDER 🚨
Bottom looks locked.
2.27–2.29 long.
Stop 2.22.
Targets 2.39 / 2.47.
Hard dump into FVG + support → instant buyer response.
Green volume popping, RSI bouncing, LTFs flipped bullish.
Classic shakeout before expansion.
Low risk, nasty upside. 🔥
RENDERUSDT
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$RENDER / USDT Professional Market Analysis

Technical Analysis (Price Action & Structure)
Trend Analysis
Short-term (15m–1H): Mild bullish bias with higher lows forming above 2.20.
Mid-term (4H): Price is attempting to stabilize after a sharp impulse move; momentum is cooling.
Daily (1D): Overall trend remains corrective unless price reclaims key resistance levels.
Key Levels
Resistance
2.300 – 2.350 (major supply zone, recent high)
2.500 (psychological & structure resistance)
Support
2.200 (intraday support)
2.120 – 2.100 (demand zone)
2.000 (critical psychological support)
A sustained close above 2.35 would confirm continuation toward 2.50–2.65. Failure to hold 2.20 increases the probability of a pullback toward 2.10–2.00.
Momentum & Volume
Volume is healthy, supporting recent upside.
Momentum indicators suggest consolidation, not exhaustion.
Market is transitioning from impulsive to range-bound behavior.
Back Analysis (Historical Context)
RNDR previously experienced aggressive upside cycles followed by deep retracements. The current structure resembles early accumulation after capitulation, where price compresses before choosing direction. Historically, RNDR requires volume expansion + higher-high confirmation on the daily chart to sustain trend reversals.
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