RENDER. 4.8. SHORTThe token looks very weak, even compared to the weak market. There are constant sales. Any pullback is for sale. The token is subject to retest at the nearest local level, after which there will be no support.
RENDERUSDT trade ideas
RENDER NEW VOLUME STARTRENDER seems to enter a new volume start, which can break the trend
At this moment render is interesting for the trend and on this reason we follow it.
Render/usdtRender/usdt H4 frame is showing a buy signal when RSI also shows a divergence of the next bottom higher than the previous bottom, showing strong buying pressure when forming a setup Price actions Pinbar increases right at the support zone of 4.8-5$.
Scalping strategy for surfing at this stage, not holding for a long time.
Buy the zone of 4.8$ - 5$
TP 1: 5.6$
TP 2: 6.6$
TP 3: 7$
SL: 4.64$
Spot odds, not margin and Futures, limit the risk to the lowest level, so please note not to All in to avoid risks to your account. DYOR
Not investment advice, just personal opinion, so everyone should invest with the capital you accept to lose, investing in alcoins at this time is very risky, so take responsibility for your own finances!
Wish you all a peaceful evening BINANCE:RENDERUSDT
What is next for RENDER?Hello everyone,
Here are my targets for RENDER during the bull market, as shown on the chart:
I'm setting the ATH (All-Time High) of this coin at $47 this season. However, as I've mentioned before, you cannot predict what will happen in a bull market. So, I always have a plan B with a more ambitious target of $320.
Although supports and resistances are demonstrated on the chart.
NOTE: RENDER was previously known as RNDR, it`s now migrating on Binance and will be re-listed at 26th of July
I say this because some altcoins will experience significant price surges during the bull market, far exceeding others.
Especially lately, RENDER has migrated to the SOL blockchain. Therefore, if SOL experiences a significant surge, all Solana-related altcoins could see substantial upside movement.
Feel free to ask any questions you may have.
Have a nice day!
Note: Charts and ideas will be updated as necessary.
