Currently, $RENDER is exhibiting a bearish market structure, trading at 4.639 USDT and hovering just above its support level of 4.518 USDT. With an RSI of 41.01, the coin shows potential for a pullback entry if it maintains above support. However, trading volume is absent, highlighting a lack of conviction. Traders should remain cautious, as Bitcoin's volatility and macroeconomic trends could heavily influence RENDER's price action.