Technical analysis by Quant_Trading_Pro about Symbol RENDER on 8/22/2025

Render continues to respect its descending channel, with both the major supply zone (4.2–4.3) and the minor supply zone near 3.8–3.9 rejecting price. Current candles show pressure building at the 3.5 area, with the next major support marked at 3.35. Holding above 3.35 could give buyers another chance to test the 3.8 supply zone. A clean breakdown below 3.35 would keep the bearish channel in control, with deeper downside possible toward channel support. This chart highlights the importance of supply rejections inside trending structures, where rallies keep failing into overhead zones.