The market is waking up, and RENDER is one of the charts I do not want to ignore.
RENDER is around 1.513 on the board, with a market cap near PKR217.69B and a 24 hour decline of 0.77 percent.
That relatively small decline stands out when compared with several other coins on the same board. More importantly, recent market data shows RENDER has been trading with meaningful volume during its August recovery, including daily volumes above one million dollars on several recent sessions.
That is exactly what I want to see when looking for a possible continuation setup.
The first zone I am watching is 1.48 to 1.53. If buyers defend that area and volume expands, 1.62 becomes the first upside objective.
A stronger move through resistance could bring 1.75 into focus.
The bigger picture is also becoming interesting. Bitcoin has recently pushed above 80000, while large short liquidations and renewed ETF demand have helped increase market momentum. If capital begins rotating into AI and infrastructure related crypto narratives, RENDER could attract attention quickly.
I am not interested in chasing random candles. I am watching the base, the volume and the breakout.
EP: 1.48 to 1.53
TP1: 1.62
TP2: 1.75
SL: 1.42
I am ready for the move.
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