Liquidation Reference: $1.98111
Direction: LONG
Entry Zone: $1.96–$1.99
Stop Loss: $1.91
TP1: $2.05
TP2: $2.12
TP3: $2.20
Setup:
The recent long liquidation around $1.98 suggests downside liquidity has been taken near this zone. A sustained hold above $1.96 can provide a reasonable base for a relief move toward nearby resistance. Volume confirmation and a bullish reclaim of $2.00 would strengthen the setup.
Risk Management:
Keep position size controlled and avoid chasing if price moves sharply away from the entry.
Invalidation:
Cancel the long setup if RENDER closes below $1.91 with sustained selling pressure.
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