2026-01-09 03:33:39

Looking at the 4-hour chart of RENDER futures, the rebound momentum has completely lost strength before reaching the MA20 level at 2.306. The price is currently oscillating around 2.2, unable to break through upwards for a long time, and this level has already been tested by several candles.

From an indicator perspective, the situation is not optimistic. The MACD has formed a death cross at a high level, which usually indicates the exhaustion of upward momentum. More importantly, the RSI is only at 45.8, far from entering the overbought zone, suggesting that this rebound has not been truly recognized by the bulls, and trading volume has significantly shrunk.

This high-level, low-volume rebound pattern is often a classic trap for false signals. Currently, with the price at 2.201, the bears can directly intervene. If this trend continues, the target is to look down towards the previous low around 2.065, where some support should form.

RENDER-0.35%

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GweiWatcher

· 01-09 04:03

It's the same trick again; high prices with low volume to lure more buyers. I'm already tired of seeing this.

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retroactive_airdrop

· 01-09 03:59

Here comes the trap again to lure more buyers, who's going to get caught this time... High position with low volume again, and a death cross—I'm tired of hearing this explanation. Is it really that stuck here at 2.2? It feels like it could break at any moment. Are the bears really brave enough to push straight up? It seems like they might keep messing around. Can 2.065 really hold? Maybe it will just break through directly. No volume on the rebound, it feels like a fake move. RENDER has been playing this game a lot lately, so frustrating.

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CryptoPunster

· 01-09 03:57

Another feast of trapping buyers. I bet five bucks that it will break 2.2 this afternoon. A dead cross at high levels with low volume rebound—this combination is so obvious I can see it coming. RSI is only 45.8, still want to break through? Laughing to death. The bulls haven't taken this wave seriously at all. I'll mark the support at 2.065 first, to avoid the surprise of a sudden breakdown later. Thinking of taking me out silently? Render, you're still a bit inexperienced. The bears will step in directly, with such a clear script, why not act? Another market I predicted correctly but couldn't trade due to lack of funds—amazing.

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BuyHighSellLow

· 01-09 03:57

The trap of false bullish signals should be approached with caution this time. I previously suffered losses in such high-position, low-volume situations...

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GateUser-2fce706c

· 01-09 03:57

This rebound has had no real strength from the start. I’ve said before that RENDER cannot break through before the 2.3 level. Just look at how things are now... Don’t be fooled into chasing the rally, brother. The trading volume has dried up, and you still want to go higher? Opportunity only knocks once. Below 2.2 is the right place to set up short positions. The previous low at 2.065 is a solid support, which I explained in my previous course as the core logic. The overall trend is very clear. Those still chasing the rally are just the little guys... Actually, waiting for 2.065 to stabilize is a better entry point. Don’t rush to act. Let the bullets fly a little longer. What does it mean when several K-lines are stuck? It indicates that the bottom consensus hasn’t formed yet. I’ve seen too many MACD death crosses; in eight out of ten cases, the price drops. Time waits for no one. Don’t mess up the direction when trying to catch the bottom. The bears’ high ground is right in front of you. RSI is only 45.8, and you want to push the market up? I’ve already said this rebound is a trap. It’s not too late to short now, but you need to understand this logic thoroughly.

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TokenomicsTherapist

· 01-09 03:49

Another trap to lure in buyers, I've seen this trick too many times Got caught again? I told you not to chase the high earlier It should have been sold at 2.2, now it's too late to regret MACD death cross is not a good sign, a bearish trend is coming Low-volume rebounds are the most annoying, old tricks of false breakouts I am optimistic about 2.065, that is the real support How long will this drop continue before it stops?

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