Technical analysis by Apollo_21mil about Symbol RENDER: Buy recommendation (9/27/2024)

RNDR had an amazing pivot as the witching day is over and BTC holds a bullish posture. I expect a swift trip to 7.8$ possibly some consolidation and then 8.5$. The token just recently lifted off the ever important 200 EMA (weekly). The stochastic RSI has room to run before a reset, the daily is already resetting downward so we could take a brief breather here before liftoff. RNDR remains on of my top 3 positions and I plan on holding until 18-21$ at this point.I am net long here100 EMA*