I am passing on $NEIRO at 0.00005917 today. One reason makes me walk away
Volume is only 1.6 million dollars over twenty four hours. That is just 1.4x the seven day average and size will trap you here
I need to see an hourly close and hold above 0.00006182 before I care. Or I want a pullback that holds 0.00005624 and bounces hard
It could keep running without you and a bad entry costs more than a missed move
Chasing $NEIRO here, or waiting for 0.00005624?
#NEIRO #RiskManagement
Volume is only 1.6 million dollars over twenty four hours. That is just 1.4x the seven day average and size will trap you here
I need to see an hourly close and hold above 0.00006182 before I care. Or I want a pullback that holds 0.00005624 and bounces hard
It could keep running without you and a bad entry costs more than a missed move
Chasing $NEIRO here, or waiting for 0.00005624?
#NEIRO #RiskManagement