Render (REN) is currently priced at $1.53, reflecting a slight decrease of 0.96% over the past 24 hours. The daily range has been tight, with a high of $1.57 and a low of $1.53, indicating a lack of volatility in the short term.

Trading volume stands at approximately 25.64 million, representing 3.23% of the market cap. This volume suggests moderate interest but does not indicate significant buying or selling pressure at current levels.

Moving averages are trending negatively, with the 8 SMA at $1.55 showing a decline of 1.03%. Notably, the 144 SMA at $1.61 is down 5.14%, indicating a bearish sentiment in the longer-term trend.

The 1-hour RSI is extremely low at 25, suggesting the asset is oversold in the short term. Meanwhile, the 7-day RSI at 45 indicates that the asset is nearing neutral but remains vulnerable to further downside pressure.

Over the past week, Render has decreased by approximately 4.4%, while the 14-day change shows a more substantial drop of 12.59%. The 30-day price change is even more alarming at a decline of nearly 30.89%, highlighting a prolonged bearish trend.

The all-time high of $13.53 reached on March 17, 2024, creates a significant psychological barrier, as the current price is only 11.3% of that peak. This large gap underscores the substantial downward momentum that Render has experienced.

Considering the current price action, moving averages, and RSI indicators, Render appears to be in a bearish phase. Therefore, the recommendation is to Sell, as the indicators do not show any signs of a bullish reversal in the immediate term.