๐ข RENDER (RNDR) Price Update & Trade Setup โ July 2025 ๐ฅ๏ธ
Render (RNDR) is trading at $4.16, down slightly after hitting a daily high of $4.29. Price action is consolidating just above support, and technicals show signs of a potential bullish move.
๐น Market Snapshot:
โข Price: $4.16
โข Daily Range: $3.86 โ $4.29
โข Support: $3.90 โ $4.00
โข Resistance: $4.30 โ $4.60
๐ Technical Analysis:
โ
50-day moving average acting as support
โ ๏ธ 200-day MA still flat โ mid-term trend cautious
๐ RSI neutral (no overbought/sold signals)
๐ MACD flat โ waiting for momentum shift
๐ง Fundamental Highlights:
๐ผ๏ธ RNDR powers decentralized GPU rendering for AI, VFX, gaming & metaverse
๐ Adoption is growing via integration with major creative platforms
๐ฎ Analysts forecast $6โ$15 potential by late 2025 depending on utility and platform growth
๐ฏ Trade Setup:
โข Buy Zone: $3.90 โ $4.00 (bounce trade)
โข Breakout Entry: Daily close above $4.30
โข Target 1: $4.60
โข Target 2: $5.20
โข Target 3: $6.00 โ $6.50
โข Stop-Loss: Below $3.70
๐ Use 1โ2% risk per trade. Trail stop once first target hits.
๐ฌ Summary:
Render is consolidating above key support. With strong fundamentals and early bullish signals on the chart, this setup offers clean upside potential.