A clear momentum shift on the chart as $RNDR transitions out of a prolonged downtrend and posts a strong bullish reversal, with +120%+ recovery from the lows.

Price bounced decisively from critical support at $1.17, followed by a breakout backed by volume expansion — a sign of real demand, not a random move.

Key levels to watch:
• Immediate Support: $2.15–$2.18 (Fib 0.5)
• Key Resistance: $2.70–$2.75

As long as price holds above the $2.15 zone, the structure suggests base building rather than distribution.
A clean break and acceptance above $2.70 could unlock the next leg higher, opening room for a ~25–30% continuation move toward the $3.00–$3.30 range.

My view:
This looks like an early trend reversal, not just a relief bounce. If resistance flips into support, momentum should follow.