$RENDER /USDT short trade signal šŸ›‘ šŸš¦

BEARISH REVERSAL ā€“ ASCENDING SUPPORT BROKEN!

$RENDER has broken below a key ascending support trendline, indicating a potential bearish reversal. After a failed attempt to reclaim the previous high near $4.70, price has started to decline steadily. The recent lower high formation and breakdown confirm weakness, suggesting a short opportunity.

Trade Setup:

Entry: $4.45 ā€“ $4.46

Take Profit (TP): $4.29

Stop Loss (SL): $4.54

Market Outlook:

With trendline support now acting as resistance, the path of least resistance appears downward. Watch for continuation to the downside if price sustains below $4.47.

buy and trade here on $RENDER

RENDER
RENDER
1.855
-1.64%

#RENDER #BearishSetup #CryptoTrading #ShortSignal #BinanceAnalysis