RENDERUSDT Perp RENDER is experiencing consistent downward pressure, trading near the $3.09 mark after breaking key support. If this trend continues, further downside momentum is expected. A break below $3.08 could trigger more selling pressure. Entry Zone: $3.08 - $3.10 Target 1: $3.05 Target 2: $3.00 Target 3: $2.95 Stop Loss: $3.14 A breakdown below $3.08 could accelerate selling pressure, increasing the probability of hitting lower targets. Watch for volume confirmation to strengthen the short setup. Pro Tip: If $3.08 is breached with high volume, expect a rapid move toward $2.95 as bearish momentum intensifies.
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TerryDavis
· 2025-03-16 20:15
Thank you very much my dear friend, I will try this setup now.
#RENDER Short Trade Setup 📈
RENDERUSDT
Perp
RENDER is experiencing consistent downward pressure, trading near the $3.09 mark after breaking key support. If this trend continues, further downside momentum is expected. A break below $3.08 could trigger more selling pressure.
Entry Zone: $3.08 - $3.10
Target 1: $3.05
Target 2: $3.00
Target 3: $2.95
Stop Loss: $3.14
A breakdown below $3.08 could accelerate selling pressure, increasing the probability of hitting lower targets. Watch for volume confirmation to strengthen the short setup.
Pro Tip: If $3.08 is breached with high volume, expect a rapid move toward $2.95 as bearish momentum intensifies.