$RENDER

RENDER

2.229

-1.67%

USDT Technical Analysis

Trend

Short-term trend is bullish

Strong bounce from 2.172 forming a higher low

Price holding above previous resistance now acting as support

Key Levels

Support: 2.245 2.230

Strong Support: 2.200 2.172

Resistance: 2.285 2.300

Next Resistance: 2.340 2.360

Price Action

Impulsive bullish move followed by a healthy pullback

Current candles show consolidation near highs

Structure remains bullish unless price breaks below 2.23

Trade Idea

Buy Zone: 2.245 2.255

Targets:

TP1: 2.285

TP2: 2.320

TP3: 2.350

Stop Loss: Below 2.220

Bias

Bullish continuation favored

Break and hold above 2.30 can trigger strong upside momentum