$RENDER /USDT Analysis: Bearish Opportunity

*Market Situation:*

RENDER is showing signs of bearish pressure with lower highs forming, indicating potential downside movement.

*Key Levels:*

- *Current Price*: $4.750

- *24-Hour Range*: $4.518 - $4.936

*Trading Strategy:*

*Short Sell Setup:*

- *Entry Zone*: Consider entering a short position around $4.77 - $4.78, potentially a retest zone.

- *Profit Targets*:

- *TP1*: $4.59

- *TP2*: $4.46

- *Risk Management*: Set a stop loss at $4.86 to limit potential losses.

This setup suggests a potential bearish move, with defined entry and exit points.

click $RENDER or click the chart

Fill out the order that is shown in the picture and click sell.

Good luck.