$RENDER Long positions were liquidated near $1.37 as volatility increased.
History shows that major liquidations often reset the trend before the next move.
📊 Trade Setup
Position: Long (after confirmation)
🎯 EP: $1.36 – $1.38
🎯 TP1: $1.43
🎯 TP2: $1.50
🎯 TP3: $1.60
🛑 SL: $1.31
Analysis:
The long liquidation around $1.37 indicates weak bullish positions were flushed out. A reclaim above this level could attract fresh buying momentum.
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