Technical analysis by Quant_Trading_Pro about Symbol RENDER on 8/19/2025

Render is trading inside a descending channel and recently broke below its short-term rising trendline. Price is now approaching support levels at $3.40 and $3.25, with the channel base sitting near $3.00. Holding $3.40–$3.25 would keep structure intact and offer a potential bounce. A breakdown through $3.25 exposes the channel bottom near $3.00. Stoch RSI oversold suggests buyers may attempt a short-term defense, but trend remains pressured. This is a key inflection zone inside a broader downtrend channel.