🔥 $RENDER – Bearish Rejection Sends It Tumbling! 🚨📉
$RENDER has taken a sharp -6.59% dive, currently trading at $4.763. After testing resistance around $5.24, the price faced strong selling pressure — triggering a reversal and pushing it below the $5.00 psychological level!
📊 Market Snapshot: • Current Price: $4.763
• 24H Change: -6.59%
• Resistance: $5.243 (rejected hard)
• Support Zone: $4.999 – holding, for now!
📉 Chart Breakdown: A textbook bearish engulfing near resistance has played out perfectly, with sellers stepping in at the top and driving momentum downward. The green target box shows the profitable short zone — and it’s already been hit!
💡 Pro Tip: If $RNDR fails to reclaim $5.00 soon, it may revisit deeper support near $4.80 or even lower. Shorters should trail stops!
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