Render (RENDER) is currently trading at $1.61, experiencing a notable 24-hour change of 7.66%. The daily range shows a high of $1.62 and a low of $1.47, indicating significant volatility within the trading session.

The volume over the last 24 hours stands at approximately 94.31 million, contributing to a volume-to-market cap ratio of 11.26%. This high volume suggests strong investor interest, which can sustain upward momentum if buying pressure continues.

From a technical perspective, the short-term moving averages (8 SMA, 13 SMA, and 21 SMA) all indicate positive momentum, with gains around 6% in the past day. In contrast, the 144 SMA shows a decline of nearly 6%, indicating potential resistance at higher levels.

The 1-hour Relative Strength Index (RSI) is at 72, signaling that RENDER is approaching overbought territory in the short term. However, the 7-day RSI at 45 indicates that the asset is still within a neutral range, suggesting it may have room for further upward movement.

On a longer-term scale, the 7-day and 14-day price changes reflect a downtrend of approximately 17.17% and 20.60%, respectively, indicating recent bearish sentiment. However, a positive 30-day price change of 5.33% suggests that the longer-term trend remains relatively stable despite recent fluctuations.

The all-time high for RENDER is significantly higher at $13.53, achieved in March 2024, indicating substantial potential for growth from current levels. With current price action showing resilience and increased buying activity, a bullish sentiment is emerging.

Given the current technical indicators, recent price performance, and volume trends, I recommend a Buy rating for Render (RENDER). The combination of strong short-term momentum, high trading volume, and the potential for a reversal from recent lows supports this bullish outlook.