RENDER Daily Technical Analysis: The current price has broken above the long-term downtrend line, indicating an initial rebound signal after a prolonged bear market structure. However, it is important to note that the daily chart has not yet formed a valid closing confirmation—that is, the true breakout still requires holding above the trend line. This position is a key observation point; whether the upward support can be maintained will directly affect the future trend. In the short term, the validity of the breakout needs more time to be verified.