🚨 $NEIRO /USDT at Crucial Level – Support & Resistance Analysis! 🚨
The $NEIRO /USDT chart on the 4-hour timeframe reveals a critical juncture. Currently priced at 0.00164317 USDT, NEIRO is testing a significant support level near 0.00164000 USDT. Holding above this zone could signal strength, while any break below may trigger a deeper pullback.
💡 Key Levels to Watch:
• Resistance: 0.00176000 USDT – A breakout above this could push NEIRO towards the next resistance at 0.00180000 USDT, fueling bullish momentum.
• Support: 0.00161000 USDT – This is a vital level. If breached, expect a drop to the next support around 0.00150000 USDT.
📈 Entry Strategy:
• Long Entry: Consider entries on a successful bounce from 0.00164000 USDT, aiming for targets at 0.00176000 USDT and 0.00180000 USDT. Set a stop-loss at 0.00161000 USDT to manage risk.
• Short Entry: Look for entries near 0.00176000 USDT resistance if rejection signs appear, with targets down to 0.00161000 USDT and a stop-loss above 0.00178000 USDT.
This setup offers actionable strategies for both bulls and bears. Monitor these levels closely as NEIRO approaches its next big move! 📊
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