RNDRing a Bullish Impulse 🏹

Hello TradingView Family / Fellow Traders,

📈 RNDR has maintained an overall bullish trend, trading above the red trendline that serves as a non-horizontal support. Currently, it is undergoing a correction phase and is approaching the trendline once again.

Moreover, the zone between 3.8 and 4.0 is a robust support level.

🎯 Therefore, the highlighted red circle represents a significant area to consider for potential buy setups, as it marks the intersection of the blue support and the red trendline.

📚 As per my trading style:
As RNDR approaches the red circle zone, I will be actively searching for bullish reversal setups to capture the next bullish impulse movement.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr