Render (RENTER) is currently priced at $2.07, reflecting a 24-hour decline of approximately 5.67%. The price action has been constrained within a daily range of $1.98 to $2.22, indicating a moderate level of volatility and market activity.

The volume stands at 123,091,250, representing 11.47% of its market cap, suggesting active trading interest despite the recent price drop. The hourly moving averages show a mixed trend, with the 8 SMA at $2.05 and 13 SMA at $2.06 indicating slight bullish momentum, while the longer-term SMAs (21, 55, and 144) point to bearish sentiment.

The 1-hour RSI is at 48, which indicates a neutral position, while the 7-day RSI is lower at 44, suggesting that the asset may be entering oversold territory. Over the past week, the price has decreased by approximately 13.77%, but it has shown significant recovery over the past 30 days with a 61.04% increase.

The all-time high for Render was $13.53 on March 17, 2024, indicating substantial room for growth in the long term if market conditions improve. However, given the current bearish momentum and declining short-term indicators, the immediate outlook appears less favorable.

In conclusion, the current price action suggests a Hold rating for Render (RENDER). While there are positive long-term growth signals, the recent bearish trends and short-term technical indicators warrant caution before considering new positions.