$RENDER saw a sharp rejection from the 2.22–2.23 area, followed by a strong breakdown into the 1.86 zone, confirming heavy selling pressure and clear distribution at the highs. After the dump, price bounced but failed to reclaim the previous supply zone and is now consolidating below resistance, which usually signals a corrective move rather than a trend reversal.

Price remains capped below the key breakdown area, keeping bearish pressure intact. As long as RENDER stays below the 2.15–2.18 resistance zone, continuation toward lower support remains likely. A strong reclaim and hold above resistance would invalidate this setup.

Scalp Trade Plan

Short

Entry Zone: 2.08 – 2.15

TP1: 2.00

TP2: 1.92

Stop Loss: 2.22

Leverage: 20x – 50x

Margin: 1% – 3%

Risk Tip: Take partial profit at TP1 and move stop-loss to entry.

#PerpDEXRace #StrategyBTCPurchase #MarketRebound

Short #RENDER Aqui 👇👇👇

RENDERUSDT

Perp.

1.423

+2.08%