🚀$RENDER /USDT Chart Breakdown — Momentum Shifting Back to Bulls? 🚨

🔸 Current observed Price: $4.06

🔸 Timeframes Observed: 1H & 4H

🔸 Daily Change: +1.42%

🔸 24H High/Low: $4.178 / $3.955

🔸 Trend Direction: Mild Bullish Reversal Underway

📊 4H Chart Highlights:

✅ EMA Support: $RENDER Price has bounced from the 50 EMA (~$3.999), indicating mid-term buyers defending structure.

📈 MACD Status: Histogram shows convergence; MACD line slightly above signal = possible bullish crossover developing.

🟣 RSI: 56.94 — Rising with room to grow, indicating strengthening momentum without being overbought.

🔍 Key Resistance: $4.10 → $4.17

🔍 Key Support: $3.99 → $3.89

⏱ 1H Chart Highlights:

⚙️ MACD: Histogram flattening with MACD/signal lines close — potential for short-term push if volume supports.

📊 RSI: 52.31 — Stable but still neutral; market is cautiously optimistic.

🟩 EMA Reclaim: $RENDER Price is climbing above both short-term EMAs (20/50), signaling buyer strength returning intraday.

📌 Trade Strategy: Bullish Bias

📥 Entry Zone: $4.00–$4.03 (pullback zone with confirmation)

🎯 Target 1: $4.10

🎯 Target 2: $4.17

❌ Stop-loss: Below $3.98 (invalidation of structure)

📌 Why Bullish?💥

EMA reclaim on both timeframes

RSI staying above 50

MACD showing reversal potential

Strong bounce from demand zone ($3.95–$3.99)

🧠"Let the indicators align, but let the price confirm." — Always combine momentum with structure before entering trades.

⚠️ This is not financial advice. Trade with risk management. DYOR before investing.

#render #MarketRebound #TrumpTariffs #BinanceAlphaAlert #TradingSignals