#RNDR
The price is moving in a bearish channel on a 12-hour frame and is adhering to it to a large extent. It has been penetrated upward and the channel is being retested.
The price rebounded well from the green support area at the 6.70 support level, which is a strong level
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 8.80
First goal 11.26
The second goal is 13.00
The third goal is 15.00
The price is moving in a bearish channel on a 12-hour frame and is adhering to it to a large extent. It has been penetrated upward and the channel is being retested.
The price rebounded well from the green support area at the 6.70 support level, which is a strong level
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 8.80
First goal 11.26
The second goal is 13.00
The third goal is 15.00
Trade active:
First goal 11.26 Reached