$RENDER
/USDT Bull Run Outlook 💯 💯
Current Price: $8.489 (+5.00%)
24h High/Low: $8.498 / $7.913
24h Volume: 3.87M RENDER | 31.73M USDT
Recent Change (15m): +$0.016 (+0.19%)
Technical Analysis and Trade Strategy
Trend: Strong bullish momentum with price nearing 24h highs.
Indicators:
EMA (20, 50): Bullish alignment, supporting upward movement.
RSI: 72, in the overbought zone; a pullback is possible.
Volume: Strong buying activity supports the trend.
Trade Strategy:
Entry Zone: $8.400–$8.500 (current price near breakout levels).
Targets 🎯:
1. $8.800 – Short-term resistance for a quick trade.
2. $9.100 – Mid-term level, marking psychological resistance.
3. $9.500 – Long-term target if momentum sustains.
Stop-Loss: Below $8.200 to limit downside risk.
Monitor closely for a breakout above $8.500, with high volume confirming sustained bullish momentum.