๐จ $RENDER ALERT: BREAKOUT IN PROGRESS... Bulls Take charge and Long positions ..
$RENDER is currently trading at $7.696, surging 15.07% in the last 24 hours. With a new high being tested, the price is positioned for a potential bullish continuation or a short-term pullback.
Key Levels to Watch:
Resistance: $7.75 โ A breakout above this level could lead RENDER to $8.00 and beyond.
Support: $7.35 โ Maintaining this level is crucial to sustain bullish momentum.
Trade Setup:
Long Entry: Above $7.75
Targets: $8.00, $8.25
Short Entry: Below $7.35
Targets: $7.00, $6.75
Stop-loss: $7.40 (for longs)
Market Insight:
With rising volume and strong bullish sentiment, RENDER is set for potential higher highs. Traders should watch the $7.75 level closely for confirmation of the next move.