Yello Paradisers! Is #RNDRUSDT on the verge of a major breakout or a sharp decline? Let's dive in to find out why this could be a game-changer for your trading strategy.
💎#Render is currently compressed between the falling wedge's trend lines. We are expecting a bullish breakout soon due to increasing volume and improving macro market sentiment.
💎If #RNDR is rejected by the upper trend line of the falling wedge, we might see a retest of the bullish order block (OB) at $5.81. This area has provided strong support for RNDR multiple times, as it is packed with liquidity.
💎Should CRYPTOCAP:RNDR fail to rebound from $5.81, the next level to watch is the lower support at $5.42. The probability of a rebound from this level is significantly higher.
💎If #RNDR continues to fall, the bears will take control, potentially leading to a bearish continuation.
Stay focused, patient, and disciplined, Paradisers. Trade smart and avoid the herd mentality.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.