Can NEIRO Be Shorted ? Evaluating the Current Market

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A recent inquiry about shorting **NEIRO** raises an important discussion about timing and market trends. While the price had presented a potential shorting opportunity yesterday, I chose not to proceed. The reason is simple: NEIRO has a **long-term bullish structure**, and shorting against the trend requires careful strategy.

Yesterday’s price reached a **resistance zone**, offering a brief window for a **6.56% drop**, but the short trend did not persist. Instead, NEIRO broke through that resistance zone, turning it into a **support zone**.

Current Status :

- Price Movement : The price is now approaching another resistance zone.

- Recommendation : If you're considering a short, wait for the price to hit the **next resistance zone** before making a decision. Shorting randomly without proper analysis can lead to losses.

Conclusion :

NEIRO shows bullish potential, and while shorting could still be an option, it's crucial to be conservative and follow the market trend. Identifying key **resistance zones** is essential for timing shorts effectively.

Advice

When shorting, always trade with a clear plan. Use resistance zones as key indicators for potential short entries, but avoid impulsive trades that go against the overall trend. Timing is critical in volatile markets like NEIRO.