RNDR explodes after consolidation

RNDR has consolidated around the local demand for a few days. The token is looking to test the long-term channel noted by the green lines. 3.1$ is my next target with a decent amount of historical price action. HV and RSI are experiencing a sharp rise and the stronger alts are pumping over 20$ today. Do remember I am not here to trade RNDR short term, I hold this long term and buy into these areas with a long term price target of 40$.