$NEIRO pumped hard. Everyone was buying. I was waiting at the top with a short.
$NEIRO /USDT — SHORT ✅ All Targets Hit
Entry: 0.00010624 – 0.00011025
SL: Above 0.00011582
TP1: 0.00009704 ✅
TP2: 0.00009065 ✅
TP3: 0.00008348 ✅
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WHAT I SAW
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When $NEIRO started pushing toward 0.00011, I wasn't thinking breakout. I was thinking — this is where sellers were last time. The supply zone at 0.00010624–0.00011025 was already on my chart before price arrived there.
The rejection told me everything. Price tapped the zone, couldn't hold above it, and started printing lower highs immediately. Each bounce attempt was weaker than the one before. That descending structure inside the zone was my confirmation — sellers were absorbing every buy.
I didn't short the pump. I shorted the failure to continue it.
Targets were the demand zones sitting below — 0.00009704, 0.00009065, and 0.00008348. Each one a level where buyers had previously shown up. Natural resting points for the sell pressure to pause. Price hit all three.
SL was above the supply zone ceiling at 0.00011582. If price closed above that, the zone was broken and I was wrong. It never did.
Now price is sitting at the bottom demand zone at 0.00008348–0.00009065. Same logic applies in reverse. I'm watching this level for the next move.
#NEIRO #CryptoAnalysis #SupplyAndDemand #ShortTrade #TradeRecap #BinanceSquare #PriceAction #Write2Earn
$NEIRO /USDT — SHORT ✅ All Targets Hit
Entry: 0.00010624 – 0.00011025
SL: Above 0.00011582
TP1: 0.00009704 ✅
TP2: 0.00009065 ✅
TP3: 0.00008348 ✅
━━━━━━━━━━━━━━━━━━
WHAT I SAW
━━━━━━━━━━━━━━━━━━
When $NEIRO started pushing toward 0.00011, I wasn't thinking breakout. I was thinking — this is where sellers were last time. The supply zone at 0.00010624–0.00011025 was already on my chart before price arrived there.
The rejection told me everything. Price tapped the zone, couldn't hold above it, and started printing lower highs immediately. Each bounce attempt was weaker than the one before. That descending structure inside the zone was my confirmation — sellers were absorbing every buy.
I didn't short the pump. I shorted the failure to continue it.
Targets were the demand zones sitting below — 0.00009704, 0.00009065, and 0.00008348. Each one a level where buyers had previously shown up. Natural resting points for the sell pressure to pause. Price hit all three.
SL was above the supply zone ceiling at 0.00011582. If price closed above that, the zone was broken and I was wrong. It never did.
Now price is sitting at the bottom demand zone at 0.00008348–0.00009065. Same logic applies in reverse. I'm watching this level for the next move.
#NEIRO #CryptoAnalysis #SupplyAndDemand #ShortTrade #TradeRecap #BinanceSquare #PriceAction #Write2Earn
