$RENDER has flashed overbought signals across multiple timeframes, but this time it's different—volume has exploded 147%. Is this accumulation before a breakout, or a looming reversal trap?

The technicals are crystal clear. 15-minute RSI is at 71, the 1-hour is even more extreme hitting 79, and the 4-hour sits at 70. MACD histograms are still expanding on the 1-hour timeframe, so short-term momentum is definitely strong. But here's the catch: these extreme conditions rarely last long.

Remember these key levels: current price is stuck at 2.64, a strong resistance zone. Above that sit 2.72 and 2.85 as resistance, below are support levels at 2.55 and 2.42.

**How to trade?** If price breaks decisively above 2.68, consider going long with targets pointing to 2.85, but lock your stop loss firmly at 2.62. Conversely, if it drops below the 2.55 support, switch to bearish, targeting 2.42 with a stop loss at 2.60.

To be honest, the smartest move right now is to **wait on the sidelines**. Overbought conditions are this severe for a reason—wait for confirmation signals before acting. You've probably taken losses recently, so now is the time to exercise discipline and avoid chasing highs. Stop losses are non-negotiable—not suggestions.