I'm analyzing $RENDER /USDT (RNDR) — currently at 4.5 (+1.85%).
Technical Analysis (Short-Term):
Trend: Bullish, bouncing from $4.21 support.
Price Action: Higher lows on 15m and 1h charts, signaling upward pressure.
RSI: 58 (not overbought, room for upside).
Volume: Solid buying volume (USDT 19.44M), supporting trend continuation.
MACD: Bullish crossover on lower timeframes (15m/1h).
Trade Signal:
Position: Long (Buy)
Entry Zone: $4.45 – $4.50
Stop Loss: $4.28
Target Levels:
Target 1: $4.68
Target 2: $4.88
Target 3: $5.10
I'm seeing moderate to strong momentum — with solid volume and RSI strength — $RENDER looks ready to push higher.
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