For you All Signal & $NEIRO Update
Read Care fully
when it will pump
and where it will go
NEIRO/USDT 4-hour chart you provided, here is my analysis:
Price Action:
Current Price: 0.00162061 USDT
The price is down 4.23% over the past 24 hours, indicating bearish pressure.
24-hour Range:
High: 0.00175398
Low: 0.00160910
( team ) helpinghands_signals
Moving Averages (MA):
MA(7): 0.00167321 (yellow) â Short-term average
MA(25): 0.00179136 (red) â Medium-term average
MA(99): 0.00186521 (purple) â Long-term average
The price is trading below all key moving averages, especially the 7, 25, and 99-period MAs. This suggests a bearish trend with limited upward momentum.
Relative Strength Index (RSI):
Current RSI: 34.57
The RSI is in the lower range, but it hasn't entered the oversold zone (<30) yet. This indicates there could be more downside room before a potential bounce occurs.
Volume:
The recent volume spike suggests that selling pressure is dominant, contributing to the ongoing decline.
Support and Resistance Levels:
Immediate Support: 0.00160910 (24h low)
Next Key Support: Around 0.0013209
Immediate Resistance: 0.00186424 (previous high zone)
Signal and Strategy:
Bearish Bias: As the price is below the key moving averages and RSI is close to oversold, the market is in a short-term downtrend.
Trading Ideas:
1. Short Entry:
If price breaks below 0.00160910 with volume, it could signal further downside.
Target: 0.0013209 (or lower).
Stop-loss: 0.00175398 (recent high).
2. Potential Buy Opportunity (DCA Strategy):
If the RSI drops below 30 and price nears 0.0013209, consider starting DCA for a reversal trade.
Add positions incrementally if the price stabilizes or forms a reversal pattern.
3. Breakout Setup:
Wait for a bullish breakout above the 7 and 25 MA to confirm a trend reversal.
Target: 0.00223333 (recent peak).
