FET and RENDER have been showing solid momentum lately, riding the wave of increased interest in AI-related projects. Both are worth monitoring as they continue to develop. That said, I'm holding off on fresh long positions at these current price levels. Worth noting that RENDER is trading near its 200-day EMA, which historically serves as a key resistance zone. The setup needs more confirmation before jumping in.
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FloorSweeper
· 10h ago
Wait, is the 200-day moving average really that important... I feel like I keep hearing this explanation every time, which might actually lead to missing out.
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StakoorNeverSleeps
· 10h ago
Wait a minute, is this 200-day moving average really that powerful? It seems like every time it's called a key resistance...
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ruggedNotShrugged
· 10h ago
The 200-day moving average hurdle really needs to wait... RENDER's current market trend feels a bit fake.
FET and RENDER have been showing solid momentum lately, riding the wave of increased interest in AI-related projects. Both are worth monitoring as they continue to develop. That said, I'm holding off on fresh long positions at these current price levels. Worth noting that RENDER is trading near its 200-day EMA, which historically serves as a key resistance zone. The setup needs more confirmation before jumping in.