$NEIRO /USDT 15-Minute Chart Analysis

Current Price: $0.00177125 (+1.16%)

24h High: $0.00181000

24h Low: $0.00166320

Market Overview:

Trend: The price has been fluctuating within a range, showing some volatility as indicated by the long wicks, particularly on the downside.

Volume: There's a notable volume increase around the 12:00 mark, signaling a potential shift in market sentiment. Current volume has leveled out, suggesting consolidation or a potential breakout.

Key Levels:

Resistance Zone: $0.00178000 (Highlighted in purple)

Support Zone: $0.00175000 (Highlighted in purple)

Trading Strategy:

1. Long Entry:

Entry Point: Look for a long position near the $0.00176000 to $0.00175000 support zone. This level has held in recent price action, indicating potential buying interest.

Target 1: $0.00178000 (resistance level).

Target 2: $0.00181000 (24h high), if price breaks above resistance.

Stop-Loss: Place a stop-loss around $0.00174000 to manage risk, just below the support zone.

2. Short Entry:

Entry Point: If the price fails to break above $0.00178000 and shows rejection, consider entering a short position around this level.

Target 1: $0.00175000 (support zone).

Target 2: $0.00172000, if selling pressure intensifies.

Stop-Loss: Place a stop-loss above $0.00180000, to protect against a breakout above resistance.

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