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【$RENDER Signal】Empty position, waiting for selling pressure confirmation
$RENDER Price decline accompanied by high open interest indicates market logic suggests caution against main force distribution risk. Currently, there are no clear buy absorption signals on the chart, and downward momentum has not yet exhausted.
🎯 Direction: Empty position
Wait for the price to show a clear stabilization pattern or volume rebound in the key support zone (such as 1.55-1.60), then evaluate the opportunity to go long. The current market sentiment is biased towards panic and passive long liquidation, with higher risk of being caught on the wrong side than potential gains.
Trade 👇 $RENDER
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