$NEIRO Market Update

Current Price: $0.00185590 (-6.48% in the last 24 hours)

24-Hour High: $0.00199228

24-Hour Low: $0.00183142

Price Action:

Since reaching a high of $0.00233333 on October 14, $NEIRO has been in a downtrend, testing lower levels with weak momentum. The recent bounce from a support level at $0.00182220 is struggling to gain traction.

Resistance and Support Levels:

Support: $0.00182220 (recent bounce)

Immediate Resistance: $0.00198406 (tested but not breached)

Volume Insights:

24-Hour Volume: 65.81B for NEIRO, 126.30M for USDT.

High trading volume suggests active trading but may be driven by sell-side pressure.

Order Book Analysis:

Buy Orders: 58.45%

Sell Orders: 41.55%

The minimal spread indicates liquidity, yet larger sell orders dominate the market.

Trend and Momentum:

The 4-hour chart shows a bearish trend with lower highs and lows.

Price is near recent lows, indicating potential further downside without significant buyer support.

Bearish Scenario:

A breakdown below $0.00182220 could lead to further declines, potentially testing $0.00179664 or lower. The overall momentum remains weak, with ongoing selling pressure.

Market Status:

Current Price: $0.00189946 (-3.76%)

Stay cautious and monitor the trends closely!

#BinanceLabsInvestsLombard #USRetailSalesBoost #MemeCoinTrending #BTCSoarsTo68K #Write2Earn!