🚀 Technical Analysis: $RENDER

/USDT 🚀

🔍 As we dive into the RENDER/USDT pair, let's explore the current market dynamics and identify key targets to watch for in the short term. With a strong bullish momentum (+10.05% in the last 24 hours), this pair could see further movement. Here's a closer look:

📊 Current Price: $8.79

24h High: $8.79

24h Low: $7.91

24h Volume (RENDER): 4.85M

24h Volume (USDT): 40.51M

📈 Target 1: $8.90

The first target is just shy of the current high. If the price maintains momentum, we could see a test of this level, which aligns with recent resistance zones. A breakthrough here would set the stage for higher gains.

📈 Target 2: $9.10

The next target rests at $9.10, where the market has previously shown some resistance. This level could offer an opportunity for further profit-taking or provide a point for a retracement to a more stable support level.

📉 Target 3: $8.50

On the flip side, if the momentum cools down, watch for a potential retracement to the $8.50 level. This could act as a crucial support, offering a buying opportunity for those looking to enter at a better price point.

🔧 Strategy:

Bullish Trend: Look for confirmation above $8.90 to target $9.10.

Support Watching: Keep an eye on $8.50 for potential entry points if the price dips.

Stay sharp and trade responsibly! 📊

This post gives an engaging breakdown of the current trends with actionable targets for RENDER/USDT traders.