Markets· ★★· bearish·

RENDER drops 5.83% to $1.86 on volume 41% above average

  • —Price at $1.86, down 5.83% on the day from a $1.98 open
  • —Daily volume of $66.8 million, 41.4% above the 30-day average
  • —RSI at 53.5, bearish MACD histogram, support at $1.82
  • —Up 28.64% over 30 days but down 42.53% year-on-year
Why it matters: A drop on above-average volume without a clear catalyst points to profit-taking after a monthly rally; holding $1.82 is key for the near-term setup.
Source: DiarioBitcoin