$RENDER 🦅🦅🦅
$RENDER is currently trading at $9.922, reflecting a 10.90% increase over the past 24 hours. As part of the infrastructure sector, this token has demonstrated strong upward momentum, attracting significant trading volume.✨
Trading Strategy🦅🦅
Entry Points:
$9.500–$9.700 could be a solid entry zone for buyers awaiting a pullback.
Target Levels:
Short-term target: $11.000–$11.500
Medium-term target: $12.000
Stop Loss:
Below $8.500 to limit downside risk.
Conclusion and Outlook👇👇
RENDER’s sharp price gain underscores strong market confidence, possibly due to positive news or developments in the infrastructure sector. If it sustains above $9.500, the next upward target could test the $12.000 mark. However, traders should monitor trading volumes closely as excessive volatility could signal a potential correction.
Recommendation⏩Hold or buy on dips for short-term profits while being cautious of resistance levels at $12.000.
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