$RENDER Short Setup

Trade Plan

Entry $1.43 to $1.47

Stop Loss $1.52

TP1 $1.38

TP2 $1.32

TP3 $1.25

Why this setup

$RENDER showing rejection from the $1.48 zone with multiple upper wicks signaling seller presence

After a strong impulsive move price is forming lower highs on the 1h indicating momentum slowdown

Failure to hold above $1.45 opens room for a pullback toward previous support zones

Debate

Do you think $RENDER continues correcting toward $1.30 or buyers step in for another push up

Buy and Trade 💸 💸

RENDER

1.53

+11.51%