<ul data-eligibleForWebStory="true">Render (RNDR) is currently trading near $2.97 after a consistent downtrend from its $7.50 high earlier in 2025.Key support zones for RNDR are identified at $3.20 and $2.30, with potential to trigger a bullish reversal if held.Elliott Wave and Fibonacci analysis suggest a long-term target range between $24 and $26 for RNDR.Traders are closely monitoring RNDR's current price action for indications of either a deeper drop or a fresh rally.