$RENDER /USDT BEARISH PRESSURE BUILDING – DOWNSIDE TEST EXPECTED!
$RENDER is showing weakness near $3.976 after failing to hold above $4.010. With intraday support at $3.934 being tested and volume increasing on the downside, the pair favors further bearish momentum. A break below $3.960 could trigger a sharper decline toward $3.920, making short positions attractive for aggressive traders.
Trade Setup:
Entry Zone: $3.975 – $3.990
Take Profit 1: $3.960
Take Profit 2: $3.940 – $3.920
Stop Loss: $4.020
Short Market Outlook:
Momentum is bearish with lower highs forming on the 15m and 1h charts. Immediate resistance is at $4.010, while key support at $3.934 is critical. Breaching this support could accelerate the downtrend, confirming continuation of selling pressure.
buy and trade here on $RENDER
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