📉 $RENDER

/USDT – Rejection from Key Resistance!

🚨 Bearish Momentum Building – Short Setup in Play!

$RENDER has faced multiple strong rejections at the 🔥 $3.20 resistance zone and is now forming lower highs with bearish candles on the 30M timeframe – indicating a potential short trade opportunity. ⚠️

🔻 Futures Short Trade Setup:

🎯 Entry Zone: $3.16 – $3.18

🎯 Take Profit Targets:

• 🥇 TP1: $3.10

• 🥈 TP2: $3.04

• 🥉 TP3: $2.98

🛑 Stop Loss: $3.22

📊 Market Insight:

Price action failed to break above the $3.20 resistance after repeated attempts, indicating a liquidity grab and shift in market sentiment. Expect increasing downward pressure if this zone holds. 💣

💡 Pro Tip:

Watch for a 30M candle close below $3.15 to confirm the short bias. Secure quick profits at TP1 to lock in gains and reduce exposure. 🔐

📌 Stay sharp and manage risk wisely!

#RENDER #CryptoTrading #TechnicalAnalysis #FuturesTrading 📉📊💼