Render ($RENDER ) is testing a major descending trendline resistance at the $4.22 level — a critical inflection point that could signal a trend reversal and unlock substantial upside. With a 3.5% price increase over the past 24 hours, the token is gaining momentum as traders monitor for a potential breakout from this long-standing downtrend, which originated from the December 2024 high.
Breakout Scenario Targets $7.12 With 70% Upside
Technical indicators suggest a bullish breakout could project RENDER toward the $7.12 level — representing a potential 70.96% price appreciation from current levels. This target is derived from a classic measured move pattern, using the breakout base at $4.22 and extending upward by nearly three points.
Crucially, the zone between $4.22 and $7.12 shows limited historical resistance, increasing the probability of a sustained advance should the breakout confirm with strong volume and follow-through.
Support and Resistance Structure
Immediate Resistance: $4.22 (trendline intersection)
Intermediate Resistance: $5.50–$5.70
Major Upside Target: $7.12
Key Support: $3.99
The $3.99 support level remains structurally significant, having acted as a pivot during prior accumulation and retracement phases. The current short-term trading range between $3.99 and $4.22 defines the breakout zone, with a decisive close above $4.22 likely to validate bullish momentum.
Trend Recovery Since June Low
Since bottoming near $2.80 in June, RENDER has shown consistent strength, supported by rising buying interest and favorable market sentiment. The steady uptrend has brought the token to this pivotal resistance level, with technical traders now focusing on confirmation of a trendline breakout.
If bullish momentum persists, the next key resistance zone lies in the $5.50–$5.70 range — a consolidation area from earlier cycles — before any potential extension toward $7.12.
Relative Strength Versus BTC and ETH
Render is also exhibiting notable relative strength versus major cryptocurrencies:
BTC Pairing: 0.00003579 BTC (+3.9%)
ETH Pairing: Outperformance noted over the same period
This cross-asset strength supports the broader bullish case, indicating capital rotation into RENDER not just in USD terms, but also against Bitcoin and Ethereum — further strengthening the technical narrative.
Market Outlook
With RENDER testing a critical descending trendline at $4.22, the market is now positioned at a potential breakout junction. A confirmed move above this level could initiate a broader bullish structure targeting $7.12, offering a compelling opportunity for traders seeking mid-term upside.
Momentum indicators, increasing trading volume, and relative performance versus BTC and ETH all point toward a favorable breakout setup. The coming sessions will be crucial in determining whether Render can hold above resistance and transition into a sustained uptrend.
