RNDR/USDT Trading Scenario
The RNDR asset price demonstrated the formation of an inclined support level, which was successfully tested three times, followed by a confident rebound.
In parallel, an inclined resistance level is observed, from which the price bounced twice. In the context of the volume profile, the asset is trading in a range between $7.895 and $11.088.
Currently, the price has bounced off the sloping resistance level for the third time, which could lead to a continuation of the uptrend.
If the breakdown and consolidation above this level occurs, growth to the local maximum at $13.839 is possible.
In parallel, an inclined resistance level is observed, from which the price bounced twice. In the context of the volume profile, the asset is trading in a range between $7.895 and $11.088.
Currently, the price has bounced off the sloping resistance level for the third time, which could lead to a continuation of the uptrend.
If the breakdown and consolidation above this level occurs, growth to the local maximum at $13.839 is possible.
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