AMBCrypto reported that the Render coin $RENDER had a strong start to 2026, recording a price increase of 85% during the first week of January, outperforming its peers in the artificial intelligence sector such as Chainlink $LINK and Bitensor $TAO .
However, data from "Coinalyze" showed that open interest has decreased by about 30% since then, and although the previous psychological resistance level of $2 was encouragingly broken, the price returned to the same demand area.
A previous report by AMBCrypto indicated that the on-chain metrics for the token were not favorable compared to the artificial intelligence token FET, while the long-term downtrend on the price chart remained unchanged.
Conflicting technical signals between optimism and danger warnings:
According to the site, the daily chart reading for the RENDER token reveals conflicting positive and negative signals. On one hand, the On-Balance Volume (OBV) indicator reached a new record level when the token price rose to $2.71 two weeks ago, indicating buyer dominance in the market.
As the daily relative strength index remains above the neutral level of 50, indicating that the upward momentum has not fully dissipated due to the pullback, however, these same indicators warned of a fragile position for the optimists (bulls), as the previous peak of $2.94 recorded in November was not breached during the recent rise, meaning that the long-term downtrend remains intact. Additionally, the price stability above $2 in recent days, while encouraging, does not negate this structural warning.
Liquidation maps and the RENDER token:
The site explained that the liquidation maps provide a decisive view of the potential next step for the RENDER token, as data extracted from the "CoinGlass" platform indicates that the cumulative leverage from near short liquidations could pull prices to lower levels. The area of $1.86 - $1.88 could be a major liquidity target in the short term that may attract RENDER token prices, falling within the previous supply range of higher time frame, which ranges from $1.68 to $1.86 from November.
Accordingly, traders may prefer to wait until the price touches this area (Liquidity Sweep) before looking for buying opportunities for the token. Additionally, the cumulative leverage from long liquidations above the $2.15 level could attract prices upwards after a potential drop towards $1.80.
The future outlook for the RENDER token #RENDER :
The site noted that the RENDER token achieved a rise of over 85% in early January, but failed to convert the daily swing structure into an upward trend. Traders should expect a drop in price below $2 in the coming days, likely followed by a rebound above the $2.15 level.
This view relies on analyzing liquidity maps and momentum indicators that suggest the presence of an attraction area below the current levels. Therefore, the cautious approach of waiting for a dip to explore liquidity areas before entering new buy trades seems to be the most logical strategy given the current technical data and the long-term trend that has not yet broken.
