Render’s momentum is fading – bears may take over 🐻

$RENDER has been hovering around $4.90, but the recent price action suggests exhaustion. MACD is in the red, showing a lack of bullish strength, and volume is tapering off. If $4.90 fails to hold, we might see a move down towards $4.50. Bulls need to regroup quickly or risk a deeper correction. The uptrend from earlier this month is fading fast. Keep a close watch on this one!