Render (RENDER) is currently priced at $2.35, reflecting a 24-hour decline of 6.61%. The price has fluctuated between a daily high of $2.51 and a low of $2.33, indicating a tight trading range of 0.18%.

Trading volume over the past 24 hours stands at approximately 141.45 million, contributing to a volume/market cap ratio of 11.61%. Short-term moving averages are indicating a bearish trend, with the 8 SMA at $2.36 down 0.38% and the 13 SMA at $2.38 down 1.26%, while the longer-term 144 SMA is marginally up by 0.81% at $2.33.

The 1-hour RSI is at 31, signaling oversold conditions, while the 7-day RSI sits at a neutral 50. Price changes over the past week show a slight decline of 2.56%, whereas the 14-day and 30-day changes reflect significant gains of 81.54% and 53.41%, respectively.

Despite the recent downturn, Render has substantial upside potential given its all-time high of $13.53 recorded in March 2024. The ongoing bearish short-term indicators may present a buying opportunity if the price stabilizes and shows signs of recovery.

Considering the current technical indicators and historical performance, a Buy rating is recommended. The potential for significant rebound from current levels, combined with the oversold RSI, suggests that accumulating RENDER at this price may yield favorable returns in the near term.