π¨ Technical Analysis for
$RENDER | Daily Timeframe
πΉ Current price: $2.374
β Price rebounded strongly from a daily demand zone at 1.10 β 1.20
β Bullish Break of Structure (BOS) confirmed
β Price is currently testing a major supply zone at 2.40 β 2.60
β Daily RSI is holding above 50 β bullish momentum remains
πΌ Bullish Scenario:
If price breaks and holds above 2.60
π― 3.00 β 3.40 β 4.00
π½ Bearish Scenario:
If price gets rejected from supply
β 2.20 β 1.90 β 1.30
β Disclaimer: This analysis is for educational purposes only and is not financial advice.
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