【$RENDER Signal】Short position + Decline accompanied by abnormal open interest

$RENDER Price decline accompanied by high open interest, market logic suggests caution against long liquidation or main force distribution risks. Currently, there is no clear demand zone support on the chart, and price action is relatively weak.

🎯 Direction: Short position

Price is falling but open interest remains high, which is a typical weak structure of “price drops, open interest increases.” Market logic indicates two possibilities: longs are being continuously liquidated during the decline, or the main capital is distributing chips. Either way, it suggests that the current correction is not a healthy accumulation but rather genuine selling pressure. Until clear signals of buy absorption and decreasing open interest appear, it is advisable to stay on the sidelines and wait for market structure to reshape.

Trade 👇 $RENDER

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