The price of Render (RENDER) has staged a significant rally, gaining over 21% intraday on January 6, 2026, to trade near $2.53. This surge notably outpaced gains from its artificial intelligence sector peers, with Chainlink (LINK) and Bittensor (TAO) recording only modest increases of roughly 2% and 5%, respectively.
The rally followed a successful defense of a major higher-timeframe support zone in the $1.20–$1.30 area. According to analysis shared by GEM INSIDER on X, the bounce from this historical floor was not random but occurred precisely where buyers were expected to step in, suggesting that selling pressure may have been exhausted.
On the daily chart, RENDER has been trading below a descending trendline that has capped its price for months. The recent move higher started immediately after touching the key support level and has pushed the price back toward that trendline. A clean break above this trendline is seen as the final obstacle to confirming a structural shift in the market.
The move was accompanied by strong market participation. RENDER's 24-hour trading volume surged nearly 71% to approximately $248.8 million, indicating broad involvement. Furthermore, aggregated Open Interest for RENDER futures rose about 17% to $32.796 million, signaling that traders were adding fresh positions with conviction, not just covering shorts.
Attention now turns to overhead resistance. Data from CoinGlass shows a significant Liquidity Leverage cluster worth $343.54K near the $2.80 level, which could act as the next key test for the token's price. Analysts note that a successful breakout could lead to accelerated momentum due to a lack of obvious resistance zones above, while rejection could trigger short-term profit-taking.