⚠️ $RENDER /USDT – Bearish Pullback or Buy the Dip Opportunity?
Current Price: $4.22 | 24h Change: -0.91%
24h High: $4.441 | 24h Low: $4.054
Volume: 4.65M RENDER / $19.71M USDT
Category: Infrastructure | Exchange: Binance
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🔻 Potential Reversal Zone Approaching – Eyes on $4.05 Support
Entry Zone (Aggressive Buy): $4.05 – $4.20
Targets:
• TP1: $4.38
• TP2: $4.52
• TP3: $4.65
Stop-Loss: $3.99
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🔍 Market Insight:
$RENDER is showing slight bearish pressure near the $4.20 support zone. However, MACD has flipped slightly positive (MACD: 0.002) while DIF & DEA are near convergence, suggesting potential for reversal if $4.05 holds. Volume remains solid for a move.
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⚔️ Action Plan:
Wait for bullish reaction near $4.05–$4.10 to confirm strength. Enter on bounce confirmation or reclaim of $4.29 for safer momentum entry.
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💡 Pro Tip:
Use a staggered entry approach between $4.05–$4.20. Don’t overexpose—let price action lead and trail your stop above breakeven after TP1.
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