RENDERUSDT — Long Setup at the Base of the Previous ImpulseRender/USD Tether Perpetual ContractBINGX:RENDERUSDT.PAXON_TRADE_DIARYFor RENDER, I’m waiting for a much deeper pullback. The area between 1.241 and 1.261 is interesting because it was the base before a very strong expansion higher. Instead of buying after the move has already happened, I prefer waiting for price to revisit the origin of that move. If buyers defend the area again, the risk/reward becomes much more attractive. LONG zone: 1.241–1.261 Stop / invalidation: 1.203 Potential: roughly 3–30% clean price movement The stop is relatively tight compared with the upside potential, which is the main reason this setup interests me. If the second limit is filled, I will move the first take-profit closer. For now, no trade. Just waiting for the zone.