$RENDER 🚨 TRADE SETUP – RENDER/USDT (1H)

🔹 Entry Zone: $3.78 – $3.85

🔹 Stop Loss: $3.45 (below 99 EMA & prior structure)

🔹 TP1: $4.06

🔹 TP2: $4.14

🔹 TP3: $4.25+ (potential price discovery)

🎯 Risk-Reward Ratio: 1:2+ – Solid setup with upside momentum

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🔍 TECHNICAL BREAKDOWN:

✅ Market Structure:

Clear higher highs and higher lows since the bounce at $2.50. The pullback to around $3.57 held firm, and price is now reclaiming the EMAs – showing strength.

⚡ Support Zones:

• $3.57 – recent low & EMA confluence

• $3.11 – macro HL

• $2.50 – invalidation level

⚡ Resistance Zones:

• $4.06 – recent local top

• $4.14 – psychological & prior wick top

• Above $4.14 – potential breakout zone

📊 Volume Profile:

Volume uptick on the latest green candle shows bulls stepping in. Watch for sustained volume to confirm move.

📈 Indicators:

• RSI(6): 71 – Bullish but not maxed out

• Wm%R(14): -23 – Strength building

• MACD: Bullish crossover active

• Price > all major EMAs – confirms trend strength

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🧠 TRADE MANAGEMENT:

🔸 Ideal entry on minor retrace to $3.78–$3.80

🔸 SL below $3.45 (under EMA99 & invalidation)

🔸 Lock in profits at TP1, trail stops toward TP3

🔸 Watch for $4.14 breakout – could lead to expansion phase

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💬 FINAL THOUGHTS:

Bias: **Bullish Continuation**

RENDER is showing strong structure and solid EMA support. MACD crossover and volume spike suggest a new wave could be forming. Good RR setup for active traders.

⚠️ Reminder: Manage size & always adapt if BTC makes sharp moves.

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