Investment
Features
FeesSafety
Academy
More
Pluang+

Render faces selling pressure as $5.78M tokens hit Binance, testing $1.25 support level.

Technical Signals
11 Aug 2026
AMBCrypto
View Source
Neutral
pluang ai news

Render (RENDER) saw increased selling pressure after Fireblocks transferred 4.446 million tokens worth about $5.78 million to Binance, adding to exchange liquidity amid a downtrend. Despite this, net spot outflows and buyer-dominant activity suggest some support near the critical $1.25 level, which is key to preventing further decline toward $1.00. Leveraged traders are increasing exposure, but a clear price reversal has yet to emerge. Holding $1.25 is crucial for a potential rebound toward $1.432; losing it could deepen the bearish trend.

More News (RENDER)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App