MyCryptoParadise

RNDR/USDT In the Crucial Area. Break out or rejected ??

BINANCE:RNDRUSDT   RNDR / TetherUS
πŸ’Ž RNDR has been garnering considerable attention in the market, though it has faced challenges in breaching a strong resistance area. Recently, RNDR experienced a setback after being rejected upon reaching this zone. A successful breakthrough of this resistance probability could lead to a significant upward trend, taking RNDR towards our set target.

πŸ’Ž However, if RNDR struggles to break out and remains in consolidation at this resistance level over the next few days, there's a likelihood of facing another rejection. This could result in RNDR reversing its course back towards the support area.

πŸ’Ž In the support zone, it's crucial for RNDR to demonstrate a robust recovery and attempt to overcome the resistance once more. If RNDR fails to show a positive response at the support area and breaks down further, it could indicate a shift back to a bearish trend. This could lead RNDR into a downward movement, potentially heading towards the bullish OB area.
Comment:
#RNDR’s 104.49% rise? Called it!


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