A significant long liquidation for $RENDER just occurred, totaling $14.865K at $7.05883. Here's the trade setup:
Entry Point: $7.05883
Enter near this price, as the liquidation could trigger upward momentum.
Stop Loss: $6.8000
Set a stop loss at $6.8000 to manage risk if the market moves against the position.
Target: $7.5000
The target is set at $7.5000, anticipating a potential rise following the liquidation.
Watch $RENDER closely for potential gains as the market reacts to this liquidation event.