$RENDER - price analyses request:
-very neutral zone [daily] ⏳
-Huge resistance to be break: 5.330$ - 5.350$ [W / D1]
-Difficult setup. It's hard to say if the 4.800$ support zone will hold or not⚠️
🔶Key level to monitor:
5.350 - 4.820 - 4.500$ - 4.00 - 3.480 - 3.200 - 3.00$
🔶Long-term view: [see chart 3 Weekly].
-It's hard to know when the price will break out of the downtrend⚠️
-I see a large long-term buying zone on the $3,500 - $3,200 support ⚠️
-A triple bottom is not impossible! ⚠️
-Until the main downtrend line is broken, long-term buying is risky. Unless you're into DCA!⚠️
Even though it's a good project, and I have no doubt about a future increase, patience is required!📈
Possible configuration in last graph [WEEKLY VIEW] (indicative)
