$RENDER
RENDER is sitting at $1.72 and honestly this chart is testing my patience.
Last update I said I was watching for a clean break of $2.00 with volume before getting interested.
That break never came and now price has pulled back down to where it has been grinding for months.
The $1.50 to $1.80 accumulation base is still holding which is the one thing keeping me from writing this off completely.
But the EMA 200 is still sitting at $2.133 and acting as resistance every time price tries to push higher.
The $4.00 resistance zone above is so far away it barely feels relevant right now.
What bothers me most is the volume pattern.
Every time #render gets close to breaking out the volume fades and sellers step in.
That tells me there is not enough conviction behind the buyers yet.
I am still watching it but I am not touching it until I see a proper daily close above $2.00 with real volume behind it.
Until then RENDER stays on my watchlist and off my portfolio