Technical analysis by Mrctradinglab about Symbol RENDER on 12/20/2025

Price is currently trading at a major HTF support zone around $1.20–$1.30. This level previously acted as strong support and resistance, making it a key decision area. The recent downside wick has been partially filled (~50%), which often signals temporary demand, but structure is still bearish on the higher timeframe. Key levels to watch: Support: $1.20 – $1.30 Next downside risk: If this level fails → possible continuation lower Bias: As long as price holds above support → potential range / relief bounce Weekly close below support → bearish continuation scenario Patience is key here. Let price confirm direction before entering. Not financial advice. Always manage risk. MrC