Short

$RNDR/USDT 12h (#Bybit) Ascending triangle on resistance

By TradingOn
Updated
Render Token is facing strong supply zone and seems likely to retrace down to 100EMA support.

⚡️⚡️ #RNDR/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Amount: 4.9%

Current Price:
2.0021

Entry Zone:
2.0002 - 2.1268

Take-Profit Targets:
1) 1.7312
2) 1.4810
3) 1.2308

Stop Targets:
1) 2.3415

Published By: @Zblaba

RRNDR #RNDRUSDT #Render #AI #BigData #GPU

rendertoken.com/
Trade active
Entered entry zone
Trade closed: target reached
TP1 hit then SL with 1.2-1.0= +0.2R

RNDR suddenly bounced back and managed to break out of the triangle this time.
We forgot to secure the trade, otherwise we would have been kicked out at entry.

This is a seriously bullish chart, supply zone turned to demand zone now, every dip into it is a buy!

snapshot
renderrndrRNDRUSDTTrend Analysis
TradingOn

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