$RENDER USDT – Rally Stalls, Watching for Pullback After Strong Climb
$RENDER USDT pushed higher but is now facing resistance near $4.25, with price slightly retreating to $4.214. The recent red candles suggest early signs of profit-taking after a strong bullish wave.
Trade Setup – Short on Weakness or Pullback Entry:
Entry Range: $4.22 – $4.24 (on rejection confirmation)
Stop Loss: Above $4.28
Target 1: $4.15
Target 2: $4.09
Target 3: $4.03
If price fails to reclaim $4.25, short-term sellers may drive it toward previous breakout zones. Monitor volume and momentum closely.
