RNDR/USDT In the Crucial Area. Break out or rejected ??

💎 RNDR has been garnering considerable attention in the market, though it has faced challenges in breaching a strong resistance area. Recently, RNDR experienced a setback after being rejected upon reaching this zone. A successful breakthrough of this resistance probability could lead to a significant upward trend, taking RNDR towards our set target.

💎 However, if RNDR struggles to break out and remains in consolidation at this resistance level over the next few days, there's a likelihood of facing another rejection. This could result in RNDR reversing its course back towards the support area.

💎 In the support zone, it's crucial for RNDR to demonstrate a robust recovery and attempt to overcome the resistance once more. If RNDR fails to show a positive response at the support area and breaks down further, it could indicate a shift back to a bearish trend. This could lead RNDR into a downward movement, potentially heading towards the bullish OB area.

הערה:

#RNDR’s 104.49% rise? Called it!