๐ $RENDER / USDT Market Update
Current Price: $7.525
24H Change: -4.38% ๐ป
๐ Key Metrics:
24H High: $7.88724H Low: $7.44124H Volume ( $RENDER ): 3.21M24H Volume (USDT): 24.62M
๐ Technical Insights:
The 15-min chart shows a gradual decline in price with minor recovery attempts near $7.525.Significant support level observed at $7.441, with resistance forming near $7.560.The moving averages indicate bearish momentum:MA(7): $7.536MA(25): $7.551MA(99): $7.700
๐ก Market Sentiment:
Sellers are dominating the market as the price faces downward pressure, closing below the MA(99).Traders might look for a bounce around $7.441 or wait for a breakout above $7.560 for confirmation of a reversal.
๐จ Caution: As volatility increases, ensure risk management strategies are in place.
Whatโs your trading strategy for RENDER? Share your thoughts below! ๐ฉ