Market Context: RNDR has been consolidating in a key area of support, providing a good opportunity to enter a long spot position.
Trade Setup:
Entry: Ladder into a long spot position in the $4.20 - $5.00 support zone.
Take Profit:
First target: $5.90 - $7.05
Second target: $9.80 - $11.00
Stop Loss: Just below $3.90
📊 This setup takes advantage of the support consolidation with defined risk and potential upside. #RNDR #Crypto #LongTrade
Trade Setup:
Entry: Ladder into a long spot position in the $4.20 - $5.00 support zone.
Take Profit:
First target: $5.90 - $7.05
Second target: $9.80 - $11.00
Stop Loss: Just below $3.90
📊 This setup takes advantage of the support consolidation with defined risk and potential upside. #RNDR #Crypto #LongTrade
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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.
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.