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$RENDER Signal】Long - 1H pullback confirmation, main force clearly defending the market
$RENDER The 1H timeframe is strongly consolidating above the EMA20 (1.4827), with the price refusing to deepen the correction. The 4H timeframe has broken through the previous consolidation zone, closing above EMA20 (1.4012), indicating a trend reversal to bullish. The current 1H RSI (63.52) is healthy, preparing for another upward push.
🎯Direction: Long (Long)
🎯Entry/Order: 1.498 - 1.502 (Reason: 1H EMA20 dynamic support zone, heavy buy orders on the order book )
🛑Stop Loss: 1.483 (Reason: Break below