$RENDER /USDT – THE BATTLE AT $4.35: BREAKOUT OR PULLBACK?
#render is showing strength above $4.00, but currently facing resistance near $4.78. The bulls are trying to push above, while bears are making their move—momentum is swinging either way.
🚨What’s Happening:
•RENDER reached a high of $4.781 today.
•Strong support forming near $4.30–$4.35.
•Bulls are aiming for the next target zones at $5.00 and $5.50.
•Bears may drag it back to $4.00 if support at $4.30 breaks.
This is a crucial point—if bulls can keep the price above $4.35, the potential for further upside remains strong. But if it falls below $4.30, a pullback to $4.00 could happen.
📣Trade Setup (Swing/Short-Term):
Entry Zone: $4.35–$4.40
Stop Loss: $4.20
Target 1: $4.80
Target 2: $5.00
Target 3 (if breakout): $5.50
⚠️Risk Factor:
Crypto markets are volatile, so trade carefully and set appropriate risk management strategies.
📈Time Frame:
Short-term trade, expect price action within the next 1-2 days.
💹Market Sentiment:
Current sentiment remains bullish above $4.30, but we need to see if bulls can hold this level.
ℹ️Indicators:
RSI is nearing overbought conditions, suggesting caution in the short-term.
Watch closely. A breakout above $4.78 could take it higher, while a breakdown below $4.30 might bring more downside.
Trade here on $RENDER
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