$RENDER

#RENDER

The price is moving in a descending channel on the 1-hour frame and sticking to it well

We have a bounce from the lower limit of the descending channel, this support is at 6.87

We have a downtrend on the RSI indicator that is about to be broken, which supports the rise

We have a trend to stabilize above the moving average 100

Entry price 7.15
First target 7.67
Second target 8.00
Third target 8.34