$NEIRO/USDT is showing bearish momentum, but the move is not too strong.
1. RSI: At 37, close to oversold but not yet there, indicating that selling pressure still has room to push the price lower.
2. MACD: The MACD histogram is negative, signaling that the downtrend is still in place on this 1-hour chart.
3. EMA: The short-term EMA (0.001644) is below the long-term EMA (0.001680), confirming the downtrend on this timeframe.
4. Current Price: The price is hovering around 0.001567, just below the first resistance at 0.001576. If it fails to break this resistance, the next move could be a drop to 0.001528 and possibly to 0.001479.
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