$RENDER

RENDER is sitting at $1.635 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.