Render Jumps 5.12% to $1.81 on Short Squeeze and DePIN Narrative
- —Price at $1.81, up 5.12% in 24h and 38.07% in a week
- —Volume of $82.36 million, 148% above the 30-day average
- —Open interest rose to $68.52 million; short liquidations hit $97,540
- —RSI at 72.4 and stochastic at 86.5 point to overbought territory
Why it matters: The move is backed by real volume and demand for AI-linked GPU infrastructure, but overbought readings raise the risk of a near-term pullback.
Source: DiarioBitcoin