Render (RNDR) has shown strong resilience by forming a double bottom and reclaiming the key $4 level, signaling potential strength. We’re now watching for a sweep into downside liquidity (sub-$4 wick), with a daily close still holding above $4—this would confirm a strong long opportunity.
🔹 Entry Zone:
$3.50 to $4.00
🎯 Take Profit Targets:
🥇 $5.64
🥈 $6.70
🛑 Stop Loss:
Daily close below $3.00
🔹 Entry Zone:
$3.50 to $4.00
🎯 Take Profit Targets:
🥇 $5.64
🥈 $6.70
🛑 Stop Loss:
Daily close below $3.00
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.