đ¨ $NEIRO /USDT Approaching Critical Decision Zone â Prepare for a Major Move! đ¨
The NEIRO/USDT 15-minute chart reveals a descending channel, where the price has been consistently pushing lower. At the moment, itâs hovering around 0.00164329 USDT, facing both upside resistance and downside support. Volatility could surge soon, so hereâs what to watch for:
đĄ Key Resistance:
The price needs to break through the upper boundary of the descending channel, with 0.00175000 USDT acting as a critical resistance level. A breakout above this level may trigger momentum buying, sending the price toward 0.00185000 USDT.
đ Support Zone:
On the downside, strong support is visible around 0.00160000 USDT. If the price drops below this, expect it to test 0.00155000 USDT, where further breakdown could accelerate selling pressure.
Entry Strategy:
⢠Long Entry: Enter near 0.00165000 USDT, targeting 0.00175000 USDT, with a stop loss at 0.00160000 USDT to minimize risk.
⢠Short Entry: Consider a short position if the price fails to hold above 0.00160000 USDT, targeting 0.00155000 USDT with a stop loss at 0.00167500 USDT.
A break either side of these key levels could dictate the next major trend! Stay sharp!
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