#RENDER / Ready to go up
2024-11-11

#RENDER

The price is moving in a descending channel on the 12-hour frame and sticking to it well

We have a bounce from the lower limit of the descending channel, this support is at a price of 4.20

We have a downtrend, the RSI indicator is about to break, which supports the rise

We have a trend to stabilize above the moving average 100

Entry price 5.57
First target 6.43
Second target 7.31
Third target 8.18

