RENDER hit the first take profit target (TP1) with a ~52% gain — great execution. Now, after the expected pullback, price is approaching a key support zone, offering a second swing trade opportunity.
🔹 Entry Zone:
Around $4.00 support
🔁 Previous resistance turned support
🧭 Psychological level and structural base
🎯 Take Profit Targets:
🥇 $4.80 (recent local high / resistance)
🥈 $5.40 (next significant supply zone)
🛑 Stop Loss:
$3.69 (below key support & invalidation level)
🔹 Entry Zone:
Around $4.00 support
🔁 Previous resistance turned support
🧭 Psychological level and structural base
🎯 Take Profit Targets:
🥇 $4.80 (recent local high / resistance)
🥈 $5.40 (next significant supply zone)
🛑 Stop Loss:
$3.69 (below key support & invalidation level)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.