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**Market Review**
RENDER has risen 16.5% in the past 24 hours, significantly boosting the attention on the entire AI concept sector. Currently, the price faces resistance around $1.90, while the key support level below is at $1.50. Meanwhile, the total market capitalization and trading volume of the AI sector have also seen notable growth. Does this indicate the start of a new wave of market movement? Or is it just short-term emotional fluctuation? It’s important to analyze carefully.
**Technical Analysis**
RENDER’s rebound this time is quite strong. From support to resistance, the range between $1.50 and $1.90 has already demonstrated a tug-of-war between buyers and sellers. If it can effectively hold above $1.90, there is theoretically more room for imagination. But the question is—whether such a rally can continue depends on trading volume. If volume cannot keep up, the risk at higher levels will sharply increase.
**Observation of the AI Sector**
Recently, the collective performance of AI-related tokens is indeed worth noting. From market cap rankings to trading activity, the presence of the AI concept in the entire crypto market is rising. However, it’s important to remind that the scope of the AI concept is broad, ranging from genuine distributed computing and GPU resource sharing to various projects claiming AI capabilities, which are a mixed bag. Not all tokens labeled with AI are equal to real opportunities in the AI track.
**Risk Factors**
1. Resistance level strength: $1.90 may not be easily broken through in one attempt; repeated testing will exhaust market patience.
2. Sustainability of hype: The crypto sector rotates quickly; today’s star sector may face cold reception tomorrow. Market sentiment is unpredictable, so constant vigilance is necessary.
3. Quality disparity among projects: Before following the trend into projects, it’s essential to understand their actual progress, team background, and technical support—don’t be blinded by the surge in price.
**Focus for Follow-up**
Whether RENDER can stabilize above $1.90 is crucial. If it breaks through successfully, the sentiment in the AI sector may continue to heat up. Conversely, if it retraces to support at $1.50, those who entered at that level will face greater pullback pressure. Overall, this level presents both opportunities and risks. Please thoroughly assess your risk tolerance before entering or exiting.