$RENDER — Short Trade Setup
Entry: 1.44 – 1.44
Stop loss: 1.54
Profit target 1: 1.30
Profit target 2: 1.16
The resistance zone is being tested, and the price rally toward it appears to be struggling, with a clear decline in momentum. If momentum begins to fade here and sellers return with force, continued downside would make sense given the direction of the price structure.
Trade $RENDER
Entry: 1.44 – 1.44
Stop loss: 1.54
Profit target 1: 1.30
Profit target 2: 1.16
The resistance zone is being tested, and the price rally toward it appears to be struggling, with a clear decline in momentum. If momentum begins to fade here and sellers return with force, continued downside would make sense given the direction of the price structure.
Trade $RENDER