Everyone celebrated $RENDER hitting 2.40 in June.


Almost nobody noticed the divergence forming underneath it.
RENDER/USDT is sitting at 1.502 right now, down over 35% from that high.
RSI made a lower high while price made a higher high in June.
That is the market quietly telling you the move was running on fumes before the candles ever turned red.
MACD is still negative, histogram red, signal line trailing below the MACD line. No bullish cross has printed yet.
RSI 14 is at 41, still under the midline that separates strength from weakness.
Here is the part that matters. Price is now retesting the exact 1.50 to 1.60 zone that acted as support back in March and April. That level has held before.
The people who only watch price are panicking right now.
The people who watch structure are watching for RSI to reclaim 40 and for that MACD histogram to start contracting.
That combination usually shows up before the crowd believes a bottom is real.
Until then, this is a level to watch, not a level to chase.
The people who read the docs always buy before the people who read the price.
Save this before it moves.
RENDER0.73%
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