Continuing to track the $RENDER trend in the AI sector

$RENDER is currently trading around $1.9, marking the first significant rebound in this bear market, but it failed to break through $2.00.

The key level to watch next is around $2.00, which is also the 200-day moving average. I have mentioned this line repeatedly before; it is the most critical resistance at this stage.

If we can see a confirmed daily close above $2.00 with volume not shrinking, there could be an opportunity for a trend reversal from $TAO .

For now, I am still observing and have not taken any positions. But I must say, this is the most interested I’ve been in the RENDER line in these past few months.