$RENDER (RNDR) Chart Analysis - July 12, 2025
Current Snapshot:
RNDR is currently trading at $3.709, down 2.80% today. It saw a 24-hour high of $3.893 and a low of $3.568.
Key Observations (1h Chart):
* The price has recently experienced a pullback from a local peak around $3.900.
* RNDR is trading above its MA(99) ($3.459), suggesting a longer-term bullish trend.
* However, the MA(7) ($3.664) is currently below the MA(25) ($3.722), indicating some short-term downward pressure or consolidation.
* Volume has been relatively low following the recent price action, with a notable spike earlier around 15:00.
Outlook:
Watch for RNDR to potentially consolidate around current levels or retest the MA(25) as resistance. Strong support appears to be forming near the 24-hour low.