#RNDR/USDT 1D (Bybit) Rising wedge breakdown and retest

Render Token pulled back to 50MA resistance and could push a bit higher before resuming the retracement down to 200MA support.

⚡️⚡️ #RNDR/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (2.2X)
Amount: 5.0%

Current Price:
2.27450

Entry Zone:
2.29510 - 2.52750

Take-Profit Targets:
1) 1.89170
2) 1.50035
3) 1.10905

Stop Targets:
1) 2.84610

Published By: @TradingOn

RNDR #RNDRUSDT #Render #AI #BigData #GPU #Web3

Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +47.4% | +83.1% | +118.8%
Possible Loss= -39.7%
Estimated Gaintime= 1-2 months

rendertoken.com

Trade active:

Binance Futures, ByBit USDT
#RNDR/USDT Entered entry zone ✅
Period: 33 Minutes ⏰

Trade closed: target reached:

⚡️⚡️ #RNDR/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (2.2X)
Amount: 5.0%

Entry Zone:
2.29510 - 2.38440 ✅

Take-Profit Targets:
1) 1.89170 ✅
2) 1.50035
3) 1.10905

Stop Targets:
1) 2.52750

🎯TP1 reached with +1.2R

RNDR got rejected on wedge retest and went back down as planned, SL edited above entry now.

Trade closed: target reached:

⚡️⚡️ #RNDR/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.2X)
Amount: 5.0%

Entry Zone:
2.29510 - 2.38440 ✅

Take-Profit Targets:
1) 1.89170 ✅
2) 1.50040 ✅
3) 1.10905

Stop Targets:
1) 2.29510

Published By: @Zblaba

🎯#RNDRUSDT 1D (ByBit) TP2 reached with +2.1R

RNDR continued with the retracement down and now 50MA & 200MA are about to death cross.
Final target is still in play, SL adjusted below entry to protect the trade!