Render Network $RENDER is starting to look interesting on the higher timeframe.
On the weekly chart, price is compressing inside a falling wedge, which is typically a bullish reversal structure.
Momentum indicators are showing signs of exhaustion on the downside, suggesting the market may have already formed a base.
If we get a confirmed breakout with volume, the move could be aggressive a strong expansion phase is possible, with upside potential building quickly.
The key now is watching for a clean break and hold above resistance.
If that happens, this setup could turn into one of the stronger trend continuations in the coming weeks.
Always manage risk, but this is definitely one to keep on the radar. 👀