$RENDER Repeating Bearish Pattern — Another Drop Ahead?
$RENDER is showing a repeating bearish pattern with two sharp drops from local highs, forming a potential third leg down. Price is currently retesting the breakdown zone near $3.485. If resistance holds, a move toward $3.42–$3.40 is likely.
Trade Setup:
Entry: $3.48 – $3.49
Stop Loss: $3.523
Target 1: $3.45
Target 2: $3.42
Target 3: $3.40
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