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【$RNDR Signal】Empty position, wait for the downward momentum to be confirmed as exhausted
$RNDR Price decline accompanied by increased trading volume, observe changes in open interest to distinguish between long liquidation or main force distribution. The current market logic suggests a potential bearish dominance, and it is not advisable to blindly buy the dip.
🎯 Direction: Empty position
Wait for the price to show clear buy absorption signals in key support areas (such as $1.55-$1.60) (e.g., long lower shadows, shrinking volume, rising open interest), or to re-establish above $1.75 and stabilize before reassessing the long opportunity. The current downward momentum has not been confirmed as exhausted, market sentiment is leaning towards panic, and patience is needed until the price action provides a clearer reversal pattern.
Trade 👇 $RNDR
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