Can be a reversal pattern, double top | Short Bias

Daily Chart


Render Token is in consolidation phase in range 1.25 - 1.55 and it's trading at 1.485 now. Very nearly resistance

Chart 4H TF


BINANCE:RNDRUSDT is still uptrend and moving up to resistance around 1.55
This level is very strong, so I don't think RNDR can break out now. Besides, this level is retracement 0.618 Fib that's why I more likely for short position.

Wait for next move