NEIRO Hits Staged Resistance Zone : What’s Next?

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NEIRO has reached a **staged resistance zone**, signaling potential caution ahead :

- Double Bottom Breakout : NEIRO has continuously hit record highs following its double bottom structure, opening up space for further upward movement. While the initial target of the double bottom has been met, a larger bullish structure suggests room for continued growth.

-Near Resistance Zone : NEIRO is currently approaching a critical resistance zone. It may not be wise to chase the rise here. Instead, traders should look for a pullback, focusing on **neckline support** and potential buying opportunities in the green buying zone.

- Shorting Considerations : If you're considering shorting NEIRO at this resistance, tread carefully. Participation should be reduced, and a conservative approach is advisable.

Conclusion & Advice :

While NEIRO’s bullish momentum remains strong, approaching resistance calls for caution. Wait for a pullback to the neckline support zone before entering long trades. For those looking to short, do so conservatively and with reduced exposure. Focus on strategic entries rather than emotional reactions to market movements.