Render Network
$RENDER is starting to look interesting on the higher timeframe.
On the weekly chart, price is compressing inside a falling wedge, which is typically a bullish reversal structure.
Momentum indicators are showing signs of exhaustion on the downside, suggesting the market may have already formed a base.
If we get a confirmed breakout with volume, the move could be aggressive a strong expansion phase is possible, with upside potential building quickly.
The key now is watching for a clean break and hold above resistance.
If that happens, this setup could turn into one of the stro