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Hxlaw
Hxlaw
$RENDER RENDERUSDT is giving a positive recovery signal on the 1H frame after a strong bounce from the 2.13 area. The price is currently maintained on all short-term MA such as MA5, MA10 and MA20, and the increasing volume shows that the cash flow is returning to the AI coin group. After a period of accumulation around 2.15–2.18, the price has broken out to the 2.27 area and is holding the ground quite well. If maintained above 2.24, it is highly likely that RENDER will continue towards the resistance area of 2.30–2.35 in the short term. The positive point is that MA20 and MA30 are heading up, supporting the continued uptrend. However, the 2.27–2.30 area is a close resistance, so there may be a tremor before a stronger breakout. The appropriate strategy is to buy at retests around 2.22–2.24, prioritizing strict capital management. The short-term trend is still leaning towards the increase as long as the price stays above the support 2.17.

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