I believe REN is entering a bigger correction to get back to it's mean. I believe it has finally reached its local top. On the same token, I believe, there is plenty of room to grow long term, for now I think it will take a dive to before it resumes its new trend.
This is an ABCDE correction, which is very similar to what MATIC experienced.
This is my short term view for this project as it is still very young.
Happy trading and play safe out there ;)