$RENDER bounced strongly from the $3.91 support zone after a sharp intraday drop, reclaiming key resistance levels and signaling potential upside momentum. Price action is now testing the $3.96 region — a break and hold above this could open the door for a run toward the $4.10 target zone.
Trade Setup (Long):
Entry Zone: $3.95 – $3.96
Target 1: $4.03
Target 2: $4.10
Stop Loss: $3.91
Market Outlook:
Short-term sentiment is leaning bullish as buyers defend key support and attempt to push price above immediate resistance. Sustained momentum above $4.00 could trigger further gains, while failure to hold $3.95 may invite another retest of $3.91.
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