$RENDER Nosedives 8% — Can Bulls Defend the $2.70 Level?
RENDER took a sharp hit, dropping 8.20% to $2.708, breaking below short-term support and testing key demand levels. The rejection from the $3.00 zone signals intense bearish pressure. If RENDER fails to hold $2.70, we could see further downside toward $2.60–$2.50. However, if buyers step in here, a bounce back to $2.85–$2.90 is possible. A decisive move above $2.80 is needed to confirm any bullish recovery.
Trade Setup:
Entry: $2.71
Target: $2.90
Stop Loss: $2.59
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