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Technical Analysis: $RENDER

/USDT - Key Levels to Watch 🎯

The RENDER/USDT pair is currently showing bullish momentum, up +5.46% in the past 24 hours. Let’s dive into the key technical levels to monitor as we approach new price targets.

1️⃣ Support Level: $6.633

The price has found solid support around the $6.633 mark. A bounce from this level could provide a strong entry point for traders looking for a reversal.

2️⃣ Resistance Level: $7.227

The 24-hour high at $7.227 is a crucial resistance level. If RENDER manages to break through this price point, it could pave the way for further gains.

3️⃣ Target Level: $7.400

A breakout above the resistance could see the price moving towards the $7.400 target. This level aligns with a potential extension, making it a key area to watch for price action.

As always, remember to manage your risk carefully and watch for any price action around these key levels!