🤖 AI Insight

Based on the provided technical analysis, here's a summary of key levels for RENDERUSDT trading within a 4-hour timeframe:

1. Spot buy price: Consider buying RENDERUSDT when the price falls close to the support level at 2.959, ideally as close as possible without entering a bearish trend.

2. Best Long entry prices: Keep an eye on the EMA7 (3.1015478320544) and EMA25 (3.2079380359318) levels as potential long entry points. However, be cautious in going long when the price moves above these levels since this may indicate overbought conditions.

3. Best Short entry prices: In case you want to go short, wait for the price to break below the support level at 2.959. Alternatively, a break below the EMA7 (3.1015478320544) and EMA25 (3.2079380359318) can be used as entry points for a short position.

4. Resistance levels: The price may face resistance at 4.191. If the price manage to break and close above this level, consider it as an opportunity to go long.

5. MACD signal line: The MACD signal line (-0.08036186126416) crossing above the zero line can serve as a confirmation for long positions, while crossing below the zero line can indicate a potential trend reversal or short entry points.

6. RSI levels: The RSI levels (34.685613194107) may converge with the support at 2.959 or appear oversold, suggesting a potential bullish turnaround and good long entry point.

Remember to always exercise caution when entering trades based on technical analysis, considering additional factors such as market sentiment, news events, and risk management strategies.