Render
Why Render is down 1.0% in the last hour
Analysis
Render (RNDR) slipped about 1.0% over the last hour as traders reacted to signs of a potential liquidation-driven “shakeout” near the $2 support area, which can pressure price in the short term. AMBCrypto specifically highlighted liquidation risk and the possibility of another shakeout even as RNDR holds above $2, aligning with the brief pullback.
Contributing Factors (2)
Render holds above $2 – Will bulls face one more shakeout?
The liquidation map showed that the cumulative short liquidation leverage nearby could drag prices lower.
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Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.