🚨🚔##ANALYSIS #RENDER 02/05 - THE TIME HAS COME TO TAKE A POSITION, BUT LET'S QUICKLY UNDERSTAND THE ASSET:
Render is a network that leverages the processing power of GPUs distributed around the world to offer an intelligent 3D rendering solution. It is an infrastructure for creators and visual developers in the Web3 ecosystem.
With the growth of AI, the metaverse, and virtual reality, the demand for rendering is only increasing, a key player behind the scenes of this new digital era.
————— STRATEGY
Downtrend across all time frames, BUT it has started attempts at reversal. The volume had a strong spike recently, indicating a significant entry of buying strength in the support area.
——— NOTES 🥷👇🏽
🥊 Support: 3.53 | 2.8
🚩Resistance: 4.4 | 4.8
Entry: 3.7 - 3.55 (let's see if the price returns; if it doesn't, we will observe an aggressive entry)
‼️Long stop: 8%
🚀Partial: 4.9
🔥Target Point 1: 5.2
🔥Target Point 2: 6.3
‼️‼️MEDIUM-TERM OPERATION
Leave a like and let's goooooo
