Render (RENDER) is currently trading at $1.40, reflecting a 24-hour decline of 1.23%. The price has fluctuated between $1.36 and $1.49 over the same period, indicating a daily range of approximately 9%, which suggests moderate volatility.

The trading volume stands at 59,913,552, representing 8.25% of the market cap, indicating reasonable liquidity. The hourly moving averages show a bearish trend with the 8 SMA at $1.38 rising slightly while longer-term SMAs are declining, indicating weakening price momentum.

The 1-hour RSI is currently at 37, signaling that RENDER may be oversold in the short term. In contrast, the 7-day RSI at 51 suggests that the asset is approaching neutral territory, reflecting a mixed sentiment over the past week.

Despite a recent uptick of 7.53% over the last seven days and a 10.68% increase over the last 14 days, the 30-day price change reveals a significant decline of 27.21%. This discrepancy indicates that recent upward movements may not be sustainable without stronger buying pressure.

With an all-time high of $13.53 reached in March 2024, current pricing represents a substantial retracement. The lack of bullish momentum in the short and medium-term SMAs combined with a bearish RSI indicates potential challenges ahead for RENDER.

Given the current technical indicators and the recent price action, the recommendation is to Hold RENDER at this time. While there may be short-term recovery potential, significant resistance levels and the overall downtrend warrant caution before considering any buying positions.