#RENDERUSD Chart is cooking something big
Perfect confluence of 2 powerful patterns:
Double bottom at key support
Falling channel breakout setup
Price Showing Strength and trying to reclaiming midline
Awesome Oscillator flipping positive — momentum turning up
Target: $44 (based on both channel height & W pattern projection)
When two patterns point to the same level you pay attention.
Momentum, structure, and psychology all aligning here.
The #Nvidia's of Crypto looks ready.
And don't forget, @rendernetwork
is deflationary. So never underestimate the power of deflationary coin.
Eyes on the breakout.
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