$NEIRO Bullish Momentum Analysis

🚹 NEIRO/USDT Trading Alert 🚹

The NEIRO/USDT pair has shown significant volatility, currently trading at 0.00101816 USDT, up +9.40% in the last 24 hours. Despite the recent surge, the market saw a sharp price drop, suggesting a potential correction or a temporary sell-off. Immediate support is seen at 0.00091504 USDT, the 24h low. If price holds above this level, we might see a strong bounce-back. On the upside, resistance is at 0.00108256 USDT, where a breakout could signal the start of a bullish reversal.

📉 Bearish Momentum: The MACD and moving averages suggest a downtrend, but the recent bounce could provide opportunities for buyers to enter near support levels. Risk-savvy traders might wait for a confirmation above resistance for a safer entry, or look for a dip-buying opportunity if prices re-test support.

With high volume and extreme price swings, it's a trader’s playground, but remember to use proper risk management to ride this volatile wave! 🌊

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