🧨 $RENDER /USDT – Building the Base or Breaking Down? 🧱📉
$RENDER has been in a steep downtrend, dropping from $4.19 to a recent low of $3.26.
However, consolidation near MA(7) suggests a possible pause in the selling pressure.
With price currently at $3.408, bulls need to reclaim $3.48 to ignite a trend reversal.
Short-term traders may find opportunities on a bounce, but caution is key below $3.30.
📥 Entry: $3.37 – $3.42
🎯 TP1: $3.52
🎯 TP2: $3.65
🎯 TP3: $3.78
🛑 SL: $3.25