After a brief pullback, $RENDER has found solid footing near 2.300–2.340, showing that buyers are actively defending this zone. The consolidation isn’t weakness — it’s a healthy pause before the next leg up. Price action and volume suggest momentum is building, and as long as support holds, the market is primed for a continuation toward higher resistance levels.
TRADE SETUP (LONG BIAS)
Entry Zone:
2.300 – 2.340 — a reliable demand zone where buyers have stepped in multiple times.
Take Profit Targets:
TP1: 2.400 — first resistance and short-term momentum target
TP2: 2.450 — next logical breakout level
TP3: 2.500 — extended target if bullish momentum accelerates
Stop Loss:
Below 2.250 — a clean break here would invalidate the bullish setup.
A successful hold above 2.340 sets the stage for a strong push toward 2.500+, with momentum traders likely driving quick gains. This is a classic example of a bullish continuation setup — patience and discipline are key.
Buy and trade here on $RENDER
RENDER
2.452
-4.10%