$RENDER

Moving Averages:

The 200-period SMA is currently at 5.477, acting as a potential resistance level. The price has not breached this level in the current uptrend, suggesting the possibility of further testing at this resistance point.

VWAP:

VWAP is at 5.064, which indicates a potential support level. The price is slightly above the VWAP, showing that the bullish momentum may continue if it remains above this level.

RSI:

The RSI stands at 61.73, indicating that the asset is near overbought territory but still has room for upward momentum before reaching an overbought state.

MACD:

MACD indicates a slight bullish crossover, with the MACD line (0.047) above the signal line (0.029), suggesting mild upward momentum.

Support/Resistance Levels:

Support: Around 4.500, as indicated by historical price bounces at this level.Resistance: At the 200 SMA level (5.477) and potentially higher resistance around 6.000 if momentum strengthens.

Cluster Analysis:

The cluster size shows variability, with the "Best" factor at 3, suggesting a strong buying zone around 5.064 and a resistance factor at the higher levels.

Bullish Scenario:

If the price manages to stay above the VWAP (5.064) and break through the 200 SMA resistance (5.477), a bullish rally may ensue, with targets around 6.000.

Bearish Scenario:

Failure to maintain above VWAP could lead to a retest of support around 4.500, potentially revisiting lower supports if bearish momentum strengthens.

Disclaimer:
This analysis is for informational purposes only and is not financial advice.