Render (RNDR) has shown strong resilience by forming a double bottom and reclaiming the key $4 level, signaling potential strength. We’re now watching for a sweep into downside liquidity (sub-$4 wick), with a daily close still holding above $4—this would confirm a strong long opportunity.
🔹 Entry Zone:
$3.50 to $4.00
🎯 Take Profit Targets:
🥇 $5.64
🥈 $6.70
🛑 Stop Loss:
Daily close below $3.00