A recent analysis of the cryptocurrency $RENDER indicates that selling pressure is mounting against bullish sentiment. Currently trading below $3.30, the bearish market structure raises concerns about a potential downturn. Traders are advised to monitor developments closely, as a lack of significant price recovery could foreshadow further declines. Investors in the $RENDER space should take caution as the market reacts to broader industry trends. With volatility being a key characteristic of the crypto market, timely assessments are crucial for safeguarding investments.