Looking at the recent RENDER market trend, I need to first talk about the risks before discussing the opportunities.

In the past 24 hours, it indeed surged by 13.87%, and the numbers look impressive. But here’s the problem—both the 1-hour and 4-hour RSI are approaching overbought territory. In this situation, chasing the high? The risk is too great to dare to touch. If the volume drops after the surge and the price fails to hold, it could quickly lead to profit-taking and a sharp decline, which would be disastrous.

My main concern is this support level. If the price can retrace to the 2.50-2.55 range and stabilize, then there’s a reason to consider a small long position. The worst-case scenario? A direct break below 2.45, which could signal a trend weakening. Currently, the risk-reward ratio is unclear, and heavy positioning is not worth it.

So my decision is to stay on the sidelines. If I do trade, I will keep my position below 15%. Better to watch this rebound slip away than to be driven by emotions.

**The plan is as follows:**

For a long position, wait until the price retraces to 2.50 and shows signs of stabilization before entering. Enter long, set stop-loss below 2.45, and target two levels—take some profit at 2.70, and more at 2.85.

Conversely, if the price breaks below the key support at 2.45, it’s a good opportunity to short. Enter short, set stop-loss at 2.55, and target 2.30.

One last point—after consecutive losses, protecting the principal is more important than anything. With proper position management, recovery is only a matter of time. No need to rush.