Render (RENDER) is currently priced at $1.50, reflecting a slight increase of 0.95% over the past 24 hours. The asset has experienced a daily range of $1.42 to $1.53, indicating moderate volatility within this timeframe.

Trading volume stands at approximately $76.98 million, accounting for 9.92% of the market cap, suggesting a healthy level of trading activity. The hourly moving averages indicate slight bullish momentum, particularly the 55 SMA and 144 SMA, which are up 3.67% and 3.70% respectively, indicating short-term support levels around $1.45.

The 1-hour RSI is at 43, suggesting that RENDER is nearing oversold territory, while the 7-day RSI at 51 indicates a balanced market sentiment. Over the past 7 days, the price has increased by approximately 3.16%, and over 14 days, the gain is about 10.65%, signaling a recovery from a recent downtrend.

In contrast, the 30-day price change shows a significant decline of nearly 26.74%, indicating that the asset has faced substantial selling pressure in the medium term. The all-time high of $13.53, reached in March 2024, highlights the potential for recovery, but current pricing reflects a drastic drop from those levels.

Considering the technical indicators and recent price movements, RENDER appears to be consolidating with signs of potential upward momentum. The combination of a reasonable trading volume, supportive moving averages, and a neutral RSI suggests that RENDER may be poised for a short-term rally.

Overall, the recommendation is to Buy RENDER at the current price of $1.50, with the expectation of a rebound towards the nearest resistance levels around $1.53 and possibly higher in the coming days. This strategy capitalizes on the recent bullish signals while maintaining awareness of the broader downtrend that needs monitoring.