RENDER rode the AI wave higher, yet the momentum tells a different story. A 76% collapse in buying pressure has exposed serious cracks in the rally—this isn't just noise.

Here's what matters: RENDER is still trapped inside a descending channel that's been tightening since early October. That pattern? It's textbook bearish structure. Each bounce creates a lower high, each dip creates a lower low. The price just rebounded sharply, but don't mistake recovery for reversal.

When buying pressure dries up this dramatically, it signals weak hands or profit-taking from earlier buyers. The AI narrative carried it this far, but technicals suggest we're hitting headwinds. Watch if RENDER can break above that descending channel—if it fails, the next leg down could accelerate fast.