$RENDER just rebounded impressively from the $4.58–$4.60 support range, showing strong buyer interest. A clear bullish engulfing candle has formed often a powerful sign of momentum shift.
Market Breakdown:
Entry Point: $4.645
Target: $4.727
Stop Loss: $4.600
Risk/Reward: High-conviction bullish setup
Current Price: $4.643 (-4.15%)
Why It Matters:
This bounce isn’t random—it aligns with a strong demand zone and shows classic accumulation behavior. Long wicks at the bottom indicate sellers are being absorbed. If $RNDR clears the $4.65 level, we could see a clean run toward the next resistance.
This could be a smart entry for swing traders or short-term bulls watching $BTC and $ETH for market correlation.
Watch $RENDER closely—momentum is building.
Trade it here before the next leg up.
#Rndrusdt #cryptotrading #AltcoinWatchlist #BinanceSignals #CryptoSetup $BTC $ETH $RENDER