$NEIRO My technical read from the current chart:
✅ The short-term trend is strongly bullish.
We've seen a climb from 0.00009494 to 0.00011480 rapidly with high trading volume.
This indicates strong liquidity and speculation.
⚠️ However, there's currently profit taking happening.
A strong red candlestick appeared after hitting 0.00011480.
The RSI is sitting around 59 after a dip, meaning momentum has eased a bit, but it's not weak.
Key levels now are:
🟢 First support: 0.000103 – 0.000101
🟢 Strong support: 0.000098 – 0.000095
🔴 First resistance: 0.0001148 (today's peak)
🔴 If it breaks above this level firmly, the next target could be 0.000120 – 0.000128.
The most likely scenario based on the current chart:
If it holds above 0.000103 → the chance of a retest at 0.0001148 is high.
If it breaks down below 0.000101 → a correction towards 0.000098 or lower is possible before continuing the upward trend.
Honestly, the current shape is still positive, but after a strong push—caution in chasing the price is crucial.
✅ The short-term trend is strongly bullish.
We've seen a climb from 0.00009494 to 0.00011480 rapidly with high trading volume.
This indicates strong liquidity and speculation.
⚠️ However, there's currently profit taking happening.
A strong red candlestick appeared after hitting 0.00011480.
The RSI is sitting around 59 after a dip, meaning momentum has eased a bit, but it's not weak.
Key levels now are:
🟢 First support: 0.000103 – 0.000101
🟢 Strong support: 0.000098 – 0.000095
🔴 First resistance: 0.0001148 (today's peak)
🔴 If it breaks above this level firmly, the next target could be 0.000120 – 0.000128.
The most likely scenario based on the current chart:
If it holds above 0.000103 → the chance of a retest at 0.0001148 is high.
If it breaks down below 0.000101 → a correction towards 0.000098 or lower is possible before continuing the upward trend.
Honestly, the current shape is still positive, but after a strong push—caution in chasing the price is crucial.