📉 $RENDER / USDT Market Update

Current Price: $7.525
24H Change: -4.38% 🔻

📊 Key Metrics:

24H High: $7.88724H Low: $7.44124H Volume ( $RENDER ): 3.21M24H Volume (USDT): 24.62M

🔍 Technical Insights:

The 15-min chart shows a gradual decline in price with minor recovery attempts near $7.525.Significant support level observed at $7.441, with resistance forming near $7.560.The moving averages indicate bearish momentum:MA(7): $7.536MA(25): $7.551MA(99): $7.700

💡 Market Sentiment:

Sellers are dominating the market as the price faces downward pressure, closing below the MA(99).Traders might look for a bounce around $7.441 or wait for a breakout above $7.560 for confirmation of a reversal.

🚨 Caution: As volatility increases, ensure risk management strategies are in place.

What’s your trading strategy for RENDER? Share your thoughts below! 📩

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