Render, ready for the next leg or due a cooldown? Lately AI and GPU narratives are heating up again, and according to market chatter Render keeps popping up whenever traders talk “AI season 2.” Today price pulled back after a strong spike, but buyers stepped in fast, which tells me the dip is being hunted, not feared.
On the 4H chart price bounced off that 1.84 support block with solid reaction, while RSI cooled from overbought and curved back up above 60. Structure is still higher highs and higher lows, so for now I lean bullish, watching for continuation toward the recent wick highs around 2.20 and potentially the upper green zone. If AI headlines stay positive, I expect fresh FOMO buyers to join any clean breakout.
My base plan: as long as 1.84 holds, I treat dips into that zone as potential reloads with a target around 2.20 then 2.30+. If price nukes below 1.84 and closes under it on 4H, I step aside and look for a deeper sweep toward 1.77 or even the lower green demand. I might be wrong, but for now the trend is up and I’m trading with it, not against it. ✅
On the 4H chart price bounced off that 1.84 support block with solid reaction, while RSI cooled from overbought and curved back up above 60. Structure is still higher highs and higher lows, so for now I lean bullish, watching for continuation toward the recent wick highs around 2.20 and potentially the upper green zone. If AI headlines stay positive, I expect fresh FOMO buyers to join any clean breakout.
My base plan: as long as 1.84 holds, I treat dips into that zone as potential reloads with a target around 2.20 then 2.30+. If price nukes below 1.84 and closes under it on 4H, I step aside and look for a deeper sweep toward 1.77 or even the lower green demand. I might be wrong, but for now the trend is up and I’m trading with it, not against it. ✅
SIGNAL INDICATOR
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✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
SIGNAL INDICATOR
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
