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$RNDR Weekly
Summer 2023 repeating, starting to look obvious what happens next.
Just like 2023, $render has backtested the Weekly 50MA + previous local top and confirmed it as support.
Weekly RSI is at the exact same level as when #rndr bottomed out last year. Volume profile is exactly the same.
After bulls created a new price floor last summer, they went on a 210 day bull run, ripping almost 1000% to the upside. Laying down the same fractal on today's PA, a similar run would see $50 - this is probably a min target for the cycle 🫡

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