Render Token KursRENDER

RENDER/USDT$2.57

RENDER/USDT$2.25

$RENDER Rally Powers the AI Boom, But a 76% Drop in Buying Pressure Exposes Cracks. Despite the sharp rebound, the RENDER price is still trading inside a descending channel that has been in place since early October. A descending channel forms when price makes lower highs over time, indicating that sellers remain in control of the broader trend. The recent rally pushed RENDER toward the upper boundary of that channel, but the price failed to break through. More telling, this rejection occurred despite the trendline having only two clear touchpoints, making it relatively weak resistance. Yet sellers still defended it. That rejection is visible in the candles themselves. Recent daily candles show long upper wicks, which signal selling pressure. Buyers pushed the price higher, but sellers responded quickly near the resistance, forcing the price back down. This behavior often occurs when a rally encounters structural pressure. Capital flow confirms that this was not a weak bounce. The Chaikin Money Flow (CMF) indicator, which tracks whether money is entering or leaving an asset, trended higher while the RENDER price moved lower between October and early January. That showed accumulation during the downtrend.

Buyers didn’t flinch on the pullback and that matters. $RENDER cooled off just enough to shake out weak hands, but the bigger structure stayed untouched. No trend damage, no panic. Now price is sitting comfortably above a key support area, showing that demand is still in charge. As long as this base holds, the path of least resistance remains higher. Long idea • Entry: 2.48 – 2.52 • Targets: 2.70 – 2.73 • Stop: 2.42 Holding above support keeps the upside case alive and opens the door for a move back into the upper resistance zone. A clean break below the stop cancels the idea. Keep risk tight, and if momentum picks up, protect gains by trailing. Follow for sharper market reads and clean setups 🚀 $BREV