🚀 $RENDER /USDT - Towards a Breakout! 🔥
Current Price: $4.070 (+5.74%)
📊 Market Structure:
The price of $RENDER has bounced from the support area at $3.80 and is now showing a series of higher lows on the hourly chart. It is approaching its 24-hour high, with bullish momentum regaining strength.
📌 Key Resistance Level: $4.097
📌 Immediate Support Level: $3.950
🎯 Trading Setup:
Entry Zone: $4.000 - $4.080
First Profit Target: $4.20
Second Profit Target: $4.38
Third Profit Target: $4.55
Stop Loss: $3.890
💡 Professional Tip:
Watch for a candle close on the hourly frame above $4.10 with trading volume to confirm the strength of the breakout. If rejected, a retest near $3.95 may provide better entry points.
🔥 RENDER Indicator is on fire - traders breaking into the market, stay alert! ⚡📈