$RENDER - chart request:

The short term price is bullish [H4 - H1] 📈 BUT;

The price made a 50% pump in 5 days, and it's now facing a key resistance zone daily! ⚠️⚠️

There is also a bearish divergence RSI [H4], indicating that buyers are becoming weaker!⚠️

I don't think that the price will break above 6.800$ And think that a pull back and a bearish correction will take place soon!

➡️As the short term uptrend is still strong, A possible scenario would be a final pump toward 6.800$ or the double top at 6.500$ then a correction toward the 5.700$ support zone! 📉🚨

Possible scenario in the chart! [Important levels too]!

💡Tips:
A safer way to enter a short position is to wait for the 5-day downtrend to break and retest!

#BTC☀ #Crypto_Jobs🎯 #RENDER #Dyor2024 #TradingShot