🚀 $RENDER /USDT – Bullish Breakout Incoming? 🔥
$RENDER is currently trading at $4.102 (+7.13%), holding steady after a strong rally from the $3.74 region. The price is consolidating just below the 24H high of $4.138, hinting at a potential breakout.
🔑 Key Levels to Watch:
Support: $4.00
Resistance: $4.14
📉 Market Sentiment:
RNDR is in a strong uptrend with healthy bullish momentum. Short-term consolidation near resistance shows buyers are in control, waiting to push for a breakout. Volume remains elevated, supporting the potential for continuation.
📈 Trading Strategy:
Bullish Setup:
Entry: On breakout above $4.14
Targets: $4.30, $4.50
Stop-loss: Below $4.00
⚠️ Pro Tip: Watch for a bullish engulfing candle with strong volume at resistance for confirmation before entering.
Will RNDR break past $4.14 and continue its rally? Let us know your take in the comments and stay ready!
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