๐$RENDER /USDT built on price structure, momentum, and volume:
๐Chart Overview:
- Current Price: $4.356
- 24h Low/High: $3.924 / $4.395
- Current Trend: Strong uptrend with a recent high of $4.395
- Volume: Increasing โ confirmation of buyer strength
- Order Book Bias: 62.37% buy vs 37.63% sell โ strong bullish sentiment
๐Trade Plan: RENDER/USDT
๐1. Entry Strategy
- Pullback Entry (Best Risk/Reward): $4.22โ$4.26
(Support from recent consolidation zone)
- Breakout Entry: Above $4.40
(If price breaks and closes above the recent high with volume)
๐2. Stop Loss
- Pullback Entry Stop: $4.12
(Below the previous strong support level)
- Breakout Entry Stop: $4.30
(To protect against a fake breakout)
๐3. Target Levels
๐- TP1: $4.50
๐- TP2: $4.64
๐- TP3: $4.80 (only if BTC and market momentum stay bullish)
๐Use 50% exit at TP1 and trail stop the rest above breakeven.
๐4. Indicators to Watch
- MACD: Confirm crossover or momentum continuation
- Volume: Needs to remain strong during breakout
- RSI: If nearing overbought, watch for divergence
๐กPro Tip:
- Avoid FOMO buying at the top of green candles.
- If volume drops while price pushes higher, expect a short-term pullback.
๐๐- Keep an eye on BTC/ETH โ if they dump, RENDER might follow.
๐๐Let's Trade on $RENDER
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