Render (RENDER) is capturing market attention with the formation of a Bearish Butterfly harmonic pattern, suggesting potential bullish continuation. Currently trading at $3.83, RENDER has rebounded after erasing weekly gains. The pattern, which began at $5.52, indicates a possible price target of $6.31 and $7.32 if the price remains above the 100-day moving average and breaks the descending resistance. However, a drop below $3.65 could weaken the bullish momentum. This development comes amid slight market volatility ahead of the US Federal Reserve meeting, with Bitcoin and Ethereum trading flat.