$RENDER /USDT – Bearish Breakdown Setup 🟥
Price now at $3.127 (-3.10%) with full EMA stack pushing down: EMA(7) at $3.136, EMA(25) at $3.144, and EMA(99) at $3.173. Volume sits at $6.30M – trend is soft, and infrastructure sector’s weak.
📉 Short Setup:
Entry: Below $3.114
TP1: $3.110
TP2: $3.050
TP3: $3.000
SL: $3.130
📈 Long Setup (Only if flips bullish):
Entry: $3.144 – $3.150
TP1: $3.169
TP2: $3.200
TP3: $3.240
SL: $3.114
Why I’m In:
RENDER is under pressure, trading below all key EMAs – classic bearish setup. Breakdown below $3.114 could trigger fast downside toward $3.00 psychological. Only consider longs on strong reclaim above $3.144 with volume.$RENDER