#RNDR: $RNDR RNDR short position eats meat. Yesterday, the intraday short-term prompt was short, and everyone was asked to focus on the long-short watershed near 7.6056. The market broke the 4-hour long-short price and went short all the way to reach the target. RNDR today's market analysis: The current market trend clearly shows that the bulls have the upper hand on the 1-hour chart, but on the 2-hour chart, the purple signal point emerges, suggesting the possibility of a callback.

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On the other hand, the 4-hour level is dominated by the bears. If the price fails to successfully break through the resistance level near 7.3106 in the next 2 to 4 hours, the risk of a callback on the 4-hour chart will increase again. The potential target prices above are 7.3482, 7.4432 and 7.4690 respectively. On the contrary, if the price goes down and falls below the support level near 0.02434, the target prices below will be 7.0415, 6.9920 and 6.9445 respectively. Short-term traders are advised to pay close attention to market dynamics, avoid blindly placing orders, and effectively manage contract positions to cope with market fluctuations.

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