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RNDR: Will the Bulls Reclaim Their Ground or Face Rejection?

Theo MyCryptoParadise_Jack
Yello, Paradisers! Is #RNDRUSDT gearing up for a significant breakout? Let's dive into the analysis and find out!

💎#RNDR is potentially forming a triple-bottom pattern, indicating a crucial turning point. Over the next few hours, all eyes will be on RNDR as it approaches the formidable resistance zone of $6.90 to $7.20. This range is critical for bulls to conquer if they want to reclaim the major upside range between $7.20 to $11.55.

💎Initial strong resistance lies between $6.90 to $7.20. A successful break above $7.20 will push RNDR towards the minor resistance at $7.80. Bulls' Battleground between 6.90 to 7.80 will be a tough area for the bulls to conquer. Clearing this zone could lead to a significant upside, targeting primarily the 9.50 to 9.90 levels, with potential for further gains. 7.20 is a pivotal level and holds the key to unlocking substantial upside potential.

💎Bulls now have a strong supportive base between 6.0 to 5.90 levels. Any push back into this range would make it difficult for sellers to penetrate any further lower.

Stay sharp, Paradisers, and monitor these key levels closely. Discipline and patience are essential for navigating these volatile times.


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