2026-01-06 13:22:54

RENDER's recent market movement has been quite aggressive. Currently, the price is around 2.50, firmly above the 7-hour, 25-hour, and 99-hour moving averages (at 2.44, 2.29, and 1.88 respectively), indicating a clear bullish trend.

Key levels to watch are as follows: resistance above is at 2.58-2.60 (the previous high). If the price can break through and stabilize above this level, there is potential for further upside. Support levels are first around the 7-hour moving average at 2.44, then below that at the 25-hour moving average at 2.28, and the ultimate support is at the 99-hour moving average at 1.88.

Trading volume has significantly increased recently, which is a positive sign. Whether the price can continue to rise depends on whether buying momentum can keep up, and whether the price can retake the previous high after a pullback. Only then can the upward trend be confirmed.

RENDER-3.53%

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ForkInTheRoad

· 01-09 13:22

This time, the render really looks quite impressive, but the key level at 2.58 needs to be broken for it to count. It's still too early to say it's going up.

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WalletWhisperer

· 01-07 14:45

volume's spiking right now, that's when the real patterns emerge... whale clustering around 2.44 is textbook accumulation behavior if you know what to look for

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WagmiWarrior

· 01-06 13:47

Well, this time the trading volume is indeed powerful. Let's see if it can break the resistance level and stabilize. --- If the 2.58 resistance can't be broken, it will still retrace. Don't get out too early. --- A bullish pattern is a bullish pattern, but the real test is whether it can hold after breaking through. --- Increasing trading volume is the key; rises without volume are all fake. --- Isn't it more satisfying to buy the dip when it drops to 1.88? --- If this round can truly break above 2.60, the story will become interesting. --- The key is to observe the performance during the retracement. If one attempt fails, try twice. --- Breaking 2.44 indicates the market has truly turned. It's still too early to tell now.

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Degen4Breakfast

· 01-06 13:46

Wait a minute, when the volume increases, does it just surge? I feel like this wave is easily going to be knocked down. If it can't break 2.58, it seems like it will have to retest.

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APY_Chaser

· 01-06 13:39

An increase in trading volume is a good sign; now it depends on whether it can hold steady above 2.58. If it breaks through, it will take off.

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