2026-01-16 10:44:48

$RENDER testet is currently testing the Fibonacci support levels. To confirm a true 5-wave upward movement, I would expect at least a new high. It gets interesting at the micro level: the next support zone is between $1.77 and $2.17. This is the area we should watch.

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RektButStillHere

· 9h ago

RENDER if it can't break 1.77 this time, I'll just cut my losses directly, it's too torturous.

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StableCoinKaren

· 9h ago

Fibonacci support? Isn't that just fancy technical analysis? When it really matters, it still drops just as it says it will.

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YieldHunter

· 9h ago

ngl, fibonacci levels are basically horoscope reading for traders... but sure, if you look at the data, that 1.77-2.17 support zone is where we'll actually know if this thing holds or just dumps harder. technically speaking, new highs don't mean sustainable returns anyway - impermanent loss on render pairs has been brutal lately

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OnchainFortuneTeller

· 10h ago

Fibonacci is back again. Can it break new highs this time? Getting stuck in the 1.77-2.17 range is quite interesting.

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HackerWhoCares

· 10h ago

Fibonacci is back again. Can it break through this time?

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