RNDR/USDT showing a bounce, potential will back to upward!

💎 Paradisers, the recent market dynamics surrounding #RNDR have indeed been noteworthy.

💎 Currently, RNDR is rebounding from the Bullish OB area, indicating a positive sentiment in the market. There's potential for RNDR to test the resistance trendline of the falling wedge pattern.

💎 If RNDR successfully breaks above this pattern, it could signify a continuation of the upward movement, potentially reaching our target Bearish OB area.

💎 However, if RNDR fails to break out of the falling wedge pattern and faces rejection at the resistance trendline, there's a possibility of a downward movement, revisiting the Bullish OB to establish new momentum.

💎 RNDR must bounce back from the Bullish OB area. A breakdown below this level could indicate further downside potential, potentially leading RNDR towards the support area or even lower levels.

MyCryptoParadise
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