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After a significant pullback, a #NEIRO reversal is in the works!

After plunging to 0.000459, #NEIRO is finally beginning to show indications of recovery. With a tiny bullish structure building on lower timeframes that suggests a short-term turnaround, buyers are stepping in above crucial support.

Extended Trade Configuration

Zone of Entry: 0.00046500–0.00047200

Objective 1: 0.00049000

The second target is 0.00051000.

The third target is 0.00053500.

Lower than 0.00045600 is the stop loss.

Important Takeaway: This can be a play that bounces from the bottom. Keep in mind that momentum will push the price back toward resistance if #NEIRO maintains above 0.000465 with volume. Because of the volatility, carefully manage size.

$NEIRO

NEIRO
NEIROUSDT
0.00009166
-0.66%