$RENDER /USDT Market Update – Premium Insight Post

RENDER is continuing a strong downtrend and the price is currently trading near its 24h low where there is a chance to see a short-term reaction. Fresh analysis below:

Coin Name: RENDER

Price: $1.651

24h Change: -7.46%

Sentiment: Bearish overall trend downward but oversold candles are creating the possibility of a short bounce

Support: 1.649 – 1.630

Resistance: 1.668 – 1.681

Short-Term Target: 1.660 – 1.675

Mid-Term Target: 1.690+

MA lines clearly show downward momentum but the price is currently touching the support zone where buyers could become active. The order book is also indicating buyer interest which could support a quick recovery.

DYOR this is not financial advice

#RENDER #CryptoUpdates #BinanceSquare #MarketAnalysis