$NEIRO Technical Analysis 📉

Currently trading at 0.00098777 USDT, $NEIRO has seen a 12.79% decline in the last 24 hours, indicating a clear downward trend. However, recent price action suggests a potential reversal might be imminent.

Key Levels:

Support: Around 0.00097651 USDT—the price recently bounced here, signaling possible buyer interest.

Resistance: Near 0.00101582 USDT—this level must be broken for any significant upward momentum.

Indicators:

MACD: Showing signs of a potential bullish crossover, with the histogram turning green. This could indicate a favorable entry point if the price breaks above resistance.

Strategy:

Consider entering long positions if $NEIRO sustains above 0.00098777 USDT, with a stop-loss set just below the recent low to effectively manage risk.

Outlook:

This is a crucial moment for $NEIRO—will the bulls regain control? Stay alert for high volatility and rapid price movements!

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