RealMRA

πŸ” "Analysis of RNDR Coin" πŸš€

BINANCE:RNDRUSDT   RNDR / TetherUS
πŸ“ˆ Let's dive into the cryptocurrency that has experienced significant growth lately and analyze it together.

πŸ”“ This coin is currently bullish across all time frames and has recently reached its all-time high.

⏳ In the 4-hour time frame, we're currently in a consolidation phase within a range box after an uptrend, with prices taking a breather.

⬇️ If this box is broken from below, the coin may begin to decline in this time frame, likely as a short-term correction before potentially starting a downtrend in higher time frames.

πŸ“‰ If the support at 10.224 is broken, we could consider opening a short position with some risk. Similarly, if the price retests the resistance at 12.395, breaks it, and holds above, we could consider continuing with the upward trend with a logical risk management approach.

πŸ–₯️ I recommend reading about the project behind this coin as it is involved in interesting graphic-related activities.

πŸ’Ό Also, please remember that I'm just an analyst, and this isn't financial advice. We're here to stay in the market and maximize profits by adhering to risk and capital management principles.
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