$RENDER /USDT Showing Slight Upward Movement After Recent Low
Hey everyone,
Let's take a look at the $RENDER /USDT chart! The current price of Render Token is at $4.514, showing a slight increase of +0.29% recently.
Looking at the last 24 hours, RENDER ranged from a Low of $4.125 to a High of $4.564. The 24h Volume stands at 3.72M RENDER, which is equivalent to 16.24M in USDT.
The chart shows a bounce back from the 24-hour low. We can see a series of green candles forming, indicating some buying pressure. The price is currently trading below the 24-hour high, suggesting that it might be facing some resistance around that level.
Traders will be watching to see if RENDER can break above the $4.564 resistance. If it does, we might see further bullish movement. On the downside, the $4.125 level remains a key support to monitor.
Key points to observe:
Resistance: The 24-hour high of $4.564 is the immediate resistance to watch.
Support: The 24-hour low of $4.125 is the key support level.
Momentum: The current momentum appears to be slightly bullish after the bounce from the low.
What are your thoughts on Render Token's current movement? Do you anticipate it will break the recent high, or will we see some resistance and potential pullback? Share your analysis!