#BinanceAlphaAlert 🔹 $RENDER
(RNDR) Technical Analysis – March 24, 2025 🔹
🚀 Current Price: $3.857 (+15.72%)
📈 24H High: $3.966 | 📉 24H Low: $3.279
📊 RSI (6): 41.496 (Neutral zone)
RNDR has seen a strong 15.72% surge in the last 24 hours, pushing towards key resistance levels. Here’s a closer look at potential three price targets based on technical indicators:
🎯 Target 1: $4.10 (Short-Term Resistance)
If RNDR maintains momentum and breaks the $3.95-$4.00 range, the next resistance sits at $4.10.
A confirmed breakout could lead to further bullish action.
🎯 Target 2: $4.50 (Mid-Term Resistance)
If buyers push past $4.10, the next major resistance is around $4.50, aligning with a previous rejection point.
A close above this level could signal a stronger uptrend.
🎯 Target 3: $5.00+ (Bullish Breakout Zone)
If RNDR sustains high volume and bullish momentum, it could test the psychological level of $5.00.
A breakout above $5.00 would signal a new rally, potentially setting new highs.
🔻 Support Levels to Watch:
$3.80: First major support
$3.50: Key demand zone
$3.28: Critical 24h low
📌 Conclusion: RNDR is showing bullish potential, but confirmation above $4.00 is crucial for further upside. Keep an eye on volume and RSI for trend strength.
📢 Trade Wisely & Manage Risk! #Binance #RNDR #CryptoTrading