Two targets achieved
#RENDER #RENDERUSDT #RenderNetwork

RENDER/USDT LONG

ENTRY: 4.596-4.642

TARGET: 4.835, 4.89, 4.994

STOPLOSS: DON'T CLOSE UNTIL 1D CANDLE CLOSES BELOW 4.37

#RenderNetwork #rendertoken #RENDER #renderustd #RENDERUSDT

$RENDER

#RENDERUSDT Near Critical Support: Key Levels to Watch Amid Consolidation Phase
$RENDER

RENDERUSDT is trading at 6.194 USDT, showing a consolidation phase with key support at 6.00 USDT and resistance at 6.487 USDT. The RSI is at 42.49, indicating slightly oversold conditions, while the MACD reveals weakening bearish momentum, as seen in the less negative histogram. In the 4-hour timeframe, RENDERUSDT continues to trade near the 6.00 USDT support, with the RSI at 33.80, suggesting potential for a rebound if buying interest increases.

The MACD remains below zero, indicating continued downward pressure, but the oversold RSI could lead to a temporary bounce or consolidation.

The critical levels to watch are the immediate support at 6.00 USDT and the resistance at 6.5 USDT. Movement beyond these levels, confirmed by increased trading volume and supportive changes in the RSI and MACD, could signal the next significant price action for RENDERUSDT. A sustained move above 6.5 USDT would suggest stronger market confidence, while a drop below 6.00 USDT could indicate further market weakness.

Disclaimer:
The information and publications provided by 6thTrade are for general informational purposes only and do not constitute financial, investment, or trading advice. Past performance is not indicative of future results. All trading decisions are the individual's responsibility, and 6thTrade is not liable for any losses or damages that may arise from using this information. 6thTrade strongly recommends consulting with a qualified financial professional before making investment decisions. All trading and investment activities carry risks.

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#RENDERUSDT Technical Analysis: Critical Support Tested Amid Persistent Downtrend

$RENDER


In the 4-hour chart of RENDER/USDT, the price action has been locked in a clear downtrend, with recent movements showing a test of support around the $4.66 level. This support is crucial; if the price breaks below this point, it could lead to further declines towards the next key levels at $4.47 and $4.26. The 200-period Simple Moving Average (SMA) is currently positioned well above the price at around $5.80, reinforcing the bearish outlook as the price remains below this long-term trend indicator.

The Relative Strength Index (RSI) is neutral at 47.71, suggesting that neither bulls nor bears have clear control at this moment. However, the Moving Average Convergence Divergence (MACD) is in the bearish zone, though the histogram shows a decrease in selling momentum, which could hint at a potential stabilization or even a reversal if buyers step in.

In a bullish scenario, if the price manages to break above the resistance at $5.11, this could trigger a short-term rally towards the $5.50-$5.80 range, where the 200-period SMA might act as a strong resistance. A sustained move above the 200 SMA could indicate a more significant trend reversal.

On the bearish side, if the price fails to hold the $4.66 support and breaks lower, it could lead to a continuation of the downtrend with targets at $4.47 and potentially $4.26. The absence of strong buying interest around these levels would likely accelerate the decline.

Disclaimer: The information provided in this analysis is for educational purposes only and should not be construed as financial advice. Trading cryptocurrencies carries a high level of risk and may not be suitable for all investors. Before making any trading decisions, conduct thorough research. The author and publisher are not responsible for any financial losses incurred as a result of trading activities based on this analysis.

#CryptoMarketMoves #6thTrade #MarketSentimentToday #chartupdate

#RENDERUSDT #RENDER $RENDER
Although the asset on Binance has a very short history, you could have known yesterday that it would rise when trading began on Binance. Of course, this could be assumed because it was being listed on Binance, but there is a more reliable method, which involves considering many parameters. For example, my indicator, after analyzing 27 parameters, predicted yesterday that the asset would rise, and it did. I didn't spend a single minute analyzing the asset and completely relied on my product. Do you want to know about trend changes? Do you want to make a profit without extensive knowledge of technical analysis? Then this indicator is for you! I'm available.

Can #RENDERUSDT Sustain Its Bullish Rally
$RENDER


Currently RENDERUSDT is trading around 5.339 with a significant increase of 3.55 percent The nearest resistance levels are at 5.456 and 6.000 while the closest support is in the range of 4.962 to 4.474

The 200 period SMA is at 5.232 indicating that the price has moved above this level suggesting potential for a bullish continuation The RSI is at 77.08 showing that the price has entered the overbought zone which might signal a potential pullback though there is still some room for further upward movement The MACD is showing a positive histogram indicating strong bullish momentum with potential for continued upward movement in the short term.

Bullish Scenario
If RENDERUSDT can break through the resistance at 5.456 and sustain above this level the next potential target would be 6.000 This breakout could signal a strong continuation of the uptrend

Bearish Scenario
If the price fails to break through resistance and falls back below the support at 4.962 the bearish trend may continue with the next support target around 4.474 which is also the lower support level

Disclaimer: The information provided in this analysis is for educational purposes only and should not be construed as financial advice. Trading cryptocurrencies carries a high level of risk and may not be suitable for all investors. Before making any trading decisions, conduct thorough research. The author and publisher are not responsible for any financial losses incurred as a result of trading activities based on this analysis.

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Critical Support Levels in Focus for #RENDERUSDT
$RENDER


The analysis of the RENDER/USDT charts indicates a persistent downtrend, with the price struggling to surpass key resistance levels. On the 1-hour chart, a descending trendline marks strong resistance around $5. Support levels at $3.529 and $3.262 have held firm recently, acting as potential price floors.
On the 4-hour chart, the RSI at 47.14 shows neutral momentum. The MACD suggests a potential bullish crossover with the MACD line at 0.070, the signal line at -0.262, and the histogram at -0.332. The 200-period SMA is at $4.599, serving as a crucial resistance.

The daily chart maintains a bearish outlook with significant resistance at $6.759. The daily RSI is also 47.14, showing neutrality. The MACD indicates bearish momentum with the MACD line at -0.0286545, the signal line at -0.0896069, and the histogram at -0.0609524. The 200-period SMA at $4.599 further solidifies resistance.

Bullish Scenario:
If RENDER/USDT breaks above the $5 resistance and the 200-period SMA at $4.599 on the 4-hour chart, it could trigger a rally towards $6.759 and potentially higher, driven by positive market sentiment.

Bearish Scenario:
If RENDER/USDT fails to break $5 and falls below $3.529 and $3.262, it could indicate further bearish momentum, possibly leading to declines towards $3.0 and $2.5, extending the downtrend.

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Trading cryptocurrencies carries a high level of risk and may not be suitable for all investors. Always perform your own research before making any trading decisions.

#BTCMarketPanic #RecessionOrDip? #MarketDownturn #6thTrade

$RENDER
#RENDERUSDT Will be pump soon

so,Buy now and hold it.

👍Entry price~4.75$-4.85$

Wait for rally...

Render Price Analysis: Bulls Push RENDER Higher Amid Recovery

Render (RENDER) has seen a strong rally over the past four days, breaking above the moving averages and signaling that bears are losing control. However, the bears aren't out of the game yet and may attempt to drag the price back below the moving averages.

If RENDER rebounds off the 20-day EMA at $5.18, it will indicate robust demand at lower levels. Bulls could then drive the price toward $7.26 and potentially to $8. However, this bullish outlook will be invalidated if RENDER slips below the 20-day EMA, potentially paving the way for a decline to $4.38.

On the 4-hour chart, the pair is in an uptrend, but the RSI is in overbought territory, suggesting the possibility of a short-term pullback. The 20-EMA will likely act as support. If the price bounces off the 20-EMA, it will indicate that bulls are buying the dips, possibly pushing the price to $7.26. On the flip side, a break below the 20-EMA could signal profit-taking by bulls, leading to a further decline.

Keep an eye on these key levels for potential market moves! 📊 #Render #RENDER #CryptoMarket #RENDERUSDT