š $RENDER /USDT ā Bullish Breakout Brewing!
Momentum Analysis:
$RENDER is showing strong upward momentum after bouncing from the $3.02 support zone. With a +5.71% gain and solid infrastructure narrative backing it, the price is testing near resistance around $3.26. Buyers are stepping in with healthy depth and rising volume.
š¹ Long Setup
Entry Zone: $3.15 ā $3.22
Targets:
šÆ T1: $3.35
šÆ T2: $3.52
šÆ T3: $3.75
Stop Loss: $3.02
š Breakout Confirmation Level: $3.27
š» Key Support: $3.02
š” Pro Tip for Traders:
Watch the 4h close. A clean break and hold above $3.27 with volume >5M RENDER will likely fuel continuation. RSI is mid-zone, giving room to push higher. Consider scaling into position if BTC stays above $106K.