RNDR Breaks Out of Descending Channel as Bulls Target $13.50

Weekly channel breakout strengthens bullish momentum toward the $13.50 target. Network processes AI and rendering workloads across 180 countries. Token burns rose 279% year over year amid growing GPU demand. Render — RNDR, has started turning heads again. A clean breakout above a long-running descending channel has sparked fresh optimism across the market. Technical traders are paying close attention, but price action tells only part…