RNDR Analysis:

The overall trend is downward, as indicated by the moving averages.

Both the RSI and Williams %R are in oversold territories.

The price is trading near the lower Bollinger Band, indicating potential further downside or consolidation.

The oversold conditions of RSI and Williams %R suggest a potential for a rebound.

If the price finds support around 6.599 USDT and bounces back, it could retest the resistance level around 7.477 USDT.

Bearish Target: If the price continues to decline, the next support level is around 6.599 USDT.

Bullish Target: If the price rebounds, it may retest the recent high around 7.477 USDT, with potential further resistance around 8.274 USDT.

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