📈 After seven consecutive green candles, Render (RNDR) saw a red candle yesterday but rebounded strongly today with a 9% increase, showing persistent bullish sentiment.

💪 RNDR found robust support around $7.000, coinciding with the 50% Fibonacci retracement level and a significant long-term support trendline intersection.

🚀 A breakout from a double-bottom pattern propelled RNDR above $10.000, signaling strong upward momentum.

📅 On May 5th, RNDR broke through the $9.760 neckline

resistance, suggesting further upside potential.

🎯 Breaking above $11.000 could lead to a test of resistance at $12.000 and potentially beyond the previous all-time high (ATH) of $13.838.

⚠️ Conversely, a bearish trend reversal may see RNDR testing support around $8.500.

📊 Key levels to monitor:

Resistance: $12.000-$15.000Support: $8.500-$7.000